Paraprofessional Healthcare Institute Inc

Paraprofessional Healthcare Institute Inc shows strong asset growth but recent expenses exceed revenue, with no reported officer compensation.

EIN: 133575492 · New York, NY · NTEE: J22Z · Updated: 2026-03-28

$8.6MRevenue
$8.3MGross Revenue
$19.3MAssets
85/100Mission Score (Excellent)
J22Z
Paraprofessional Healthcare Institute Inc Financial Summary
MetricValue
Total Revenue$8.6M
Total Expenses$6.0M
Program Spending85%
CEO/Top Officer Pay$4
Net Assets$16.7M
Transparency Score85/100

Is Paraprofessional Healthcare Institute Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Paraprofessional Healthcare Institute Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Paraprofessional Healthcare Institute Inc

Paraprofessional Healthcare Institute Inc (EIN: 133575492) is a nonprofit organization based in New York, NY, classified under NTEE code J22Z. The organization reported total revenue of $8.6M and total assets of $19.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paraprofessional Healthcare Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

32Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Paraprofessional Healthcare Institute Inc is a mid-size nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -4.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$4.2M
Total Expenses$6.0M
Surplus / Deficit$-1,783,816
Total Assets$16.9M
Total Liabilities$269K
Net Assets$16.7M
Operating Margin-42.3%
Debt-to-Asset Ratio1.6%
Months of Reserves33.9 months

Financial Health Grade: B

In 2024, Paraprofessional Healthcare Institute Inc reported a deficit of $1.8M with expenses exceeding revenue, holds 33.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).

Financial Trends

Over 14 years of filings (2011–2024), Paraprofessional Healthcare Institute Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024-22.0%+5.3%-8.3%
2023-64.4%+25.9%+0.6%
2022+208.8%-26.0%+90.2%
2021-40.4%-4.7%-8.0%
2020+47.0%+13.6%-0.1%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1994

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Paraprofessional Healthcare Institute Inc (PHI) demonstrates a generally stable financial position with significant asset growth over the past five years, from $9.6 million in 2021 to $16.9 million in 2024. However, recent filings show a trend of expenses exceeding revenue, with the 2024 fiscal period reporting $5,996,644 in expenses against $4,212,828 in revenue, and the 2023 period showing $5,693,946 in expenses against $5,404,185 in revenue. This indicates a reliance on reserves or prior year surpluses to cover operational costs in the short term. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management in that regard. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and financial practices, indicating that executive leadership is not drawing salaries from the organization, which is highly unusual for an organization of this size and revenue.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Paraprofessional Healthcare Institute Inc with a Mission Score of 85 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Paraprofessional Healthcare Institute Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$4.2MTotal Revenue
$6.0MTotal Expenses
$16.9MTotal Assets
$269KTotal Liabilities
$16.7MNet Assets
  • The organization reported a deficit of $1.8M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.6%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues ranging from $4 million to over $15 million. This suggests either a unique operational model where leadership is compensated through other means, or a strong commitment to directing all funds towards programs and operations rather than executive salaries.

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 Paraprofessional Healthcare Institute Inc's IRS 990 filings:

  • Expenses exceeding revenue in recent fiscal periods (2023 and 2024), potentially indicating reliance on reserves.
  • Unusually high revenue fluctuation, from $15.1M in 2022 to $4.2M in 2024, which could indicate grant-dependent funding or project-based revenue.

Strengths

The following positive indicators were identified for Paraprofessional Healthcare Institute Inc:

  • Significant asset growth, from $9.6M in 2021 to $16.9M in 2024, indicating strong financial stewardship.
  • Consistently low liabilities relative to assets, suggesting good financial management.
  • 0% reported officer compensation across all filings, demonstrating a strong commitment to directing funds towards programs.
  • Long filing history (14 filings), indicating consistent transparency and compliance.

Frequently Asked Questions about Paraprofessional Healthcare Institute Inc

Is Paraprofessional Healthcare Institute Inc a legitimate charity?

Paraprofessional Healthcare Institute Inc (EIN: 133575492) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $8.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Paraprofessional Healthcare Institute Inc spend its money?

Paraprofessional Healthcare Institute Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Paraprofessional Healthcare Institute Inc tax-deductible?

Paraprofessional Healthcare Institute Inc is registered as a tax-exempt nonprofit (EIN: 133575492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Paraprofessional Healthcare Institute Inc CEO make?

Paraprofessional Healthcare Institute Inc's highest-compensated officer earns $4 annually. The organization reported $8.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Paraprofessional Healthcare Institute Inc's spending goes to programs?

Paraprofessional Healthcare Institute Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Paraprofessional Healthcare Institute Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Paraprofessional Healthcare Institute Inc is above average for NTEE category J22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Paraprofessional Healthcare Institute Inc located?

Paraprofessional Healthcare Institute Inc is headquartered in New York, New York and files with the IRS under EIN 133575492. It is classified under NTEE code J22Z.

How many years of IRS 990 filings does Paraprofessional Healthcare Institute Inc have?

Paraprofessional Healthcare Institute Inc has 14 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 $8.6M in total revenue.

Is Paraprofessional Healthcare Institute Inc a good charity?

Based on the available data, PHI appears to be a well-managed organization with strong asset growth and a clear commitment to its mission, evidenced by the 0% officer compensation. However, the recent trend of expenses exceeding revenue in 2023 and 2024 warrants closer examination to understand its long-term sustainability strategy.

How has PHI's financial health changed over time?

PHI's financial health has seen significant asset growth, nearly doubling from $9.6 million in 2021 to $16.9 million in 2024. Revenue has fluctuated, with a peak of $15.1 million in 2022, but recent periods (2023 and 2024) show expenses exceeding revenue, indicating a potential shift in operational funding.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's top leadership is either volunteering their time, compensated through a related entity not reflected in these filings, or that the organization has a unique structure where executive salaries are not a direct expense. This practice, while unusual for an organization of this size, can be seen as a strong indicator of dedication to the mission and efficient use of funds.

Filing History

IRS 990 filing history for Paraprofessional Healthcare Institute Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Paraprofessional Healthcare Institute Inc's revenue has declined by 46.5%, moving from $7.9M to $4.2M. Total assets increased by 234.2% over the same period, from $5.1M to $16.9M. Total functional expenses fell by 23.6%, from $7.9M to $6.0M. In its most recent filing year (2024), Paraprofessional Healthcare Institute Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $269K in liabilities against $16.9M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $16.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $4.2M $6.0M $16.9M $269K View 990
2023 $5.4M $5.7M $18.5M $231K View 990
2022 $15.2M $4.5M $18.4M $177K View 990
2021 $4.9M $6.1M $9.7M $1.0M View 990
2020 $8.2M $6.4M $10.5M $1.4M View 990
2019 $5.6M $5.6M $10.5M $3.1M View 990
2018 $6.6M $5.2M $9.9M $2.5M View 990
2017 $5.2M $5.9M $7.6M $1.6M View 990
2016 $8.5M $8.2M $8.6M $2.1M View 990
2015 $9.4M $8.7M $9.2M $2.9M View 990
2014 $7.7M $7.3M $8.9M $3.3M View 990
2013 $8.4M $7.0M $9.8M $4.6M View 990
2012 $8.2M $8.2M $8.9M $5.1M View 990
2011 $7.9M $7.9M $5.1M $1.3M View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $4.2M, expenses of $6.0M, and assets of $16.9M (revenue -22.0% year-over-year).
  • 2023: Revenue of $5.4M, expenses of $5.7M, and assets of $18.5M (revenue -64.4% year-over-year).
  • 2022: Revenue of $15.2M, expenses of $4.5M, and assets of $18.4M (revenue +208.8% year-over-year).
  • 2021: Revenue of $4.9M, expenses of $6.1M, and assets of $9.7M (revenue -40.4% year-over-year).
  • 2020: Revenue of $8.2M, expenses of $6.4M, and assets of $10.5M (revenue +47.0% year-over-year).
  • 2019: Revenue of $5.6M, expenses of $5.6M, and assets of $10.5M (revenue -14.8% year-over-year).
  • 2018: Revenue of $6.6M, expenses of $5.2M, and assets of $9.9M (revenue +27.5% year-over-year).
  • 2017: Revenue of $5.2M, expenses of $5.9M, and assets of $7.6M (revenue -39.0% year-over-year).
  • 2016: Revenue of $8.5M, expenses of $8.2M, and assets of $8.6M (revenue -9.7% year-over-year).
  • 2015: Revenue of $9.4M, expenses of $8.7M, and assets of $9.2M (revenue +22.0% year-over-year).
  • 2014: Revenue of $7.7M, expenses of $7.3M, and assets of $8.9M (revenue -8.8% year-over-year).
  • 2013: Revenue of $8.4M, expenses of $7.0M, and assets of $9.8M (revenue +2.6% year-over-year).
  • 2012: Revenue of $8.2M, expenses of $8.2M, and assets of $8.9M (revenue +4.3% year-over-year).
  • 2011: Revenue of $7.9M, expenses of $7.9M, and assets of $5.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Paraprofessional Healthcare Institute Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Paraprofessional Healthcare Institute Inc 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.

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