Overbrook Foundation
Overbrook Foundation maintains strong asset growth and consistent grantmaking with no reported officer compensation.
EIN: 136088860 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $69.7M |
| Total Expenses | $13.9M |
| Program Spending | 95% |
| Net Assets | $198.0M |
| Transparency Score | 90/100 |
Is Overbrook Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Overbrook Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Overbrook Foundation
Overbrook Foundation (EIN: 136088860) is a nonprofit organization based in New York, NY. The organization reported total revenue of $69.7M and total assets of $217.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Overbrook Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Overbrook Foundation is a major nonprofit that has been operating for 77 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $13.9M |
| Surplus / Deficit | $-10,651,855 |
| Total Assets | $201.5M |
| Total Liabilities | $3.5M |
| Net Assets | $198.0M |
| Operating Margin | -331.8% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 174.4 months |
Financial Health Grade: B
In 2023, Overbrook Foundation reported a deficit of $10.7M with expenses exceeding revenue, holds 174.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Overbrook Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.4% | -4.7% | +10.8% |
| 2022 | -76.2% | +17.9% | -17.4% |
| 2021 | +276.7% | -3.0% | +14.7% |
| 2020 | +52.4% | +18.3% | +12.7% |
| 2019 | +15.9% | -8.4% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Overbrook Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Overbrook Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
The Overbrook Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through other means not categorized as officer compensation on the 990, or that the foundation operates with a highly lean administrative structure regarding executive salaries. This suggests a strong focus on directing resources towards its programmatic activities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Overbrook Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, though typical for private foundations relying on investment returns.
Strengths
The following positive indicators were identified for Overbrook Foundation:
- Consistent grantmaking and expenses despite revenue fluctuations (e.g., $13.8M expenses in 2023 with $3.2M revenue).
- Strong and growing asset base, increasing from $124.3M in 2011 to $201.5M in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency in executive remuneration.
- Low liabilities relative to assets, suggesting strong financial stability (e.g., $3.5M liabilities vs. $201.5M assets in 2023).
Frequently Asked Questions about Overbrook Foundation
Is Overbrook Foundation a legitimate charity?
Overbrook Foundation (EIN: 136088860) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $69.7M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Overbrook Foundation spend its money?
Overbrook Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Overbrook Foundation tax-deductible?
Overbrook Foundation is registered as a tax-exempt nonprofit (EIN: 136088860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Overbrook Foundation located?
Overbrook Foundation is headquartered in New York, New York and files with the IRS under EIN 136088860.
How many years of IRS 990 filings does Overbrook Foundation have?
Overbrook Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $69.7M in total revenue.
Is Overbrook Foundation a good charity?
As a private foundation, Overbrook Foundation consistently disburses significant funds towards its mission, maintains a healthy and growing asset base, and reports 0% officer compensation, suggesting strong financial health and efficient use of resources. Its primary function is grantmaking, which directly supports other charitable endeavors.
How does Overbrook Foundation manage its expenses given fluctuating revenue?
Despite significant year-to-year fluctuations in revenue (e.g., $3.2M in 2023 vs. $33.2M in 2021), the foundation maintains a relatively stable range of annual expenses, typically between $10M and $14.5M. This indicates a disciplined approach to spending, likely drawing from its substantial asset base to ensure consistent grantmaking regardless of short-term investment performance.
What is the trend in Overbrook Foundation's assets?
The Overbrook Foundation's assets have shown a strong upward trend over the past decade, growing from $124.3 million in 2011 to $201.5 million in 2023, with a peak of $220.2 million in 2021. This indicates effective investment management and a robust financial position.
Filing History
IRS 990 filing history for Overbrook Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Overbrook Foundation's revenue has declined by 72.6%, moving from $11.7M to $3.2M. Total assets increased by 62% over the same period, from $124.3M to $201.5M. Total functional expenses rose by 32.5%, from $10.5M to $13.9M. In its most recent filing year (2023), Overbrook Foundation reported a deficit of $10.7M, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $201.5M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $198.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $13.9M | $201.5M | $3.5M | — | View 990 |
| 2022 | $7.9M | $14.5M | $181.9M | $2.1M | — | View 990 |
| 2021 | $33.2M | $12.3M | $220.2M | $2.1M | — | View 990 |
| 2020 | $8.8M | $12.7M | $192.0M | $3.1M | — | View 990 |
| 2019 | $5.8M | $10.8M | $170.3M | $3.0M | — | View 990 |
| 2015 | $5.0M | $11.7M | $156.0M | $2.2M | — | View 990 |
| 2014 | $31.9M | $10.3M | $167.7M | $1.2M | — | View 990 |
| 2013 | $22.4M | $10.1M | $177.4M | $2.4M | — | View 990 |
| 2012 | $18.3M | $9.7M | $134.3M | $972K | — | View 990 |
| 2011 | $11.7M | $10.5M | $124.3M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $13.9M, and assets of $201.5M (revenue -59.4% year-over-year).
- 2022: Revenue of $7.9M, expenses of $14.5M, and assets of $181.9M (revenue -76.2% year-over-year).
- 2021: Revenue of $33.2M, expenses of $12.3M, and assets of $220.2M (revenue +276.7% year-over-year).
- 2020: Revenue of $8.8M, expenses of $12.7M, and assets of $192.0M (revenue +52.4% year-over-year).
- 2019: Revenue of $5.8M, expenses of $10.8M, and assets of $170.3M (revenue +15.9% year-over-year).
- 2015: Revenue of $5.0M, expenses of $11.7M, and assets of $156.0M (revenue -84.3% year-over-year).
- 2014: Revenue of $31.9M, expenses of $10.3M, and assets of $167.7M (revenue +42.4% year-over-year).
- 2013: Revenue of $22.4M, expenses of $10.1M, and assets of $177.4M (revenue +22.4% year-over-year).
- 2012: Revenue of $18.3M, expenses of $9.7M, and assets of $134.3M (revenue +56.2% year-over-year).
- 2011: Revenue of $11.7M, expenses of $10.5M, and assets of $124.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Overbrook Foundation:
Data Sources and Methodology
This transparency report for Overbrook Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.