Planned Parenthood Of Greater New York Inc
Planned Parenthood Of Greater New York Inc faces consistent operating deficits despite substantial assets.
EIN: 132621497 · Brooklyn, NY · NTEE: E420 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $119.9M |
| Total Expenses | $103.0M |
| Program Spending | 75% |
| Net Assets | $154.6M |
| Transparency Score | 70/100 |
Is Planned Parenthood Of Greater New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Planned Parenthood Of Greater New York Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Planned Parenthood Of Greater New York Inc
Planned Parenthood Of Greater New York Inc (EIN: 132621497) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E420. The organization reported total revenue of $119.9M and total assets of $179.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Planned Parenthood Of Greater New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Planned Parenthood Of Greater New York Inc is a major nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85.6M |
| Total Expenses | $103.0M |
| Surplus / Deficit | $-17,399,704 |
| Total Assets | $212.0M |
| Total Liabilities | $57.4M |
| Net Assets | $154.6M |
| Operating Margin | -20.3% |
| Debt-to-Asset Ratio | 27.1% |
| Months of Reserves | 24.7 months |
Financial Health Grade: B
In 2023, Planned Parenthood Of Greater New York Inc reported a deficit of $17.4M with expenses exceeding revenue, holds 24.7 months of operating reserves (strong position), has a debt-to-asset ratio of 27.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Planned Parenthood Of Greater New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.6% | +14.3% | +14.6% |
| 2022 | +30.5% | +5.6% | -6.2% |
| 2021 | +96.7% | +62.4% | +12.4% |
| 2020 | -33.3% | -24.7% | +26.6% |
| 2019 | +1.1% | +21.5% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1951 |
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 Planned Parenthood Of Greater New York Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Planned Parenthood Of Greater New York Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $17.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers do not receive direct compensation, which is a strong positive for transparency and resource allocation.
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 Planned Parenthood Of Greater New York Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202306, 202106, 202006, 201912).
- Significant increase in liabilities from $21,746,735 in 202206 to $57,384,373 in 202306.
Strengths
The following positive indicators were identified for Planned Parenthood Of Greater New York Inc:
- Substantial asset base ($212,013,905 in 202306) provides financial cushion.
- Reported 0% officer compensation across all filings indicates strong transparency regarding executive pay.
- History of consistent revenue generation, with latest reported revenue at $119,876,760.
Frequently Asked Questions about Planned Parenthood Of Greater New York Inc
Is Planned Parenthood Of Greater New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Planned Parenthood Of Greater New York Inc (EIN: 132621497) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Planned Parenthood Of Greater New York Inc spend its money?
Planned Parenthood Of Greater New York Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Planned Parenthood Of Greater New York Inc tax-deductible?
Planned Parenthood Of Greater New York Inc is registered as a tax-exempt nonprofit (EIN: 132621497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Planned Parenthood Of Greater New York Inc's spending goes to programs?
Planned Parenthood Of Greater New York Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Planned Parenthood Of Greater New York Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Planned Parenthood Of Greater New York Inc is above average for NTEE category E420 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Planned Parenthood Of Greater New York Inc located?
Planned Parenthood Of Greater New York Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 132621497. It is classified under NTEE code E420.
How many years of IRS 990 filings does Planned Parenthood Of Greater New York Inc have?
Planned Parenthood Of Greater New York Inc has 13 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 $119.9M in total revenue.
Is Planned Parenthood Of Greater New York Inc financially sustainable given its recent operating deficits?
The organization has reported expenses exceeding revenue in several recent periods (e.g., $103,022,637 expenses vs. $85,622,933 revenue in 202306). While it possesses significant assets ($212,013,905 in 202306), this trend suggests a reliance on reserves or other funding, which may not be sustainable long-term without revenue growth or expense reduction.
What caused the significant increase in liabilities in the 202306 period?
Liabilities increased from $21,746,735 in 202206 to $57,384,373 in 202306. The specific reasons for this substantial increase are not detailed in the provided data and would require further investigation into the organization's financial statements.
How does the organization plan to address the consistent operating deficits?
The provided data shows a pattern of expenses exceeding revenue in multiple years. Without further information, it's unclear what strategies PPGNY is employing to balance its budget and ensure long-term financial stability.
Filing History
IRS 990 filing history for Planned Parenthood Of Greater New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Planned Parenthood Of Greater New York Inc's revenue has grown by 98.8%, moving from $43.1M to $85.6M. Total assets increased by 133.5% over the same period, from $90.8M to $212.0M. Total functional expenses rose by 187.3%, from $35.9M to $103.0M. In its most recent filing year (2023), Planned Parenthood Of Greater New York Inc reported a deficit of $17.4M, with expenses exceeding revenue. The organization holds $57.4M in liabilities against $212.0M in assets (debt-to-asset ratio: 27.1%), resulting in net assets of $154.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85.6M | $103.0M | $212.0M | $57.4M | — | View 990 |
| 2022 | $99.1M | $90.1M | $185.1M | $21.7M | — | View 990 |
| 2021 | $76.0M | $85.3M | $197.2M | $28.6M | — | View 990 |
| 2020 | $38.6M | $52.5M | $175.5M | $23.1M | — | View 990 |
| 2019 | $57.9M | $69.8M | $138.6M | $5.5M | — | View 990 |
| 2018 | $57.2M | $57.4M | $142.4M | $6.3M | — | View 990 |
| 2017 | $61.6M | $51.5M | $150.9M | $3.8M | — | View 990 |
| 2016 | $52.7M | $49.1M | $133.2M | $3.0M | — | View 990 |
| 2015 | $70.5M | $46.1M | $128.1M | $2.8M | — | View 990 |
| 2014 | $47.3M | $41.4M | $109.1M | $2.6M | — | View 990 |
| 2013 | $40.0M | $38.4M | $101.6M | $1.8M | — | View 990 |
| 2012 | $37.9M | $36.6M | $95.7M | $1.9M | — | View 990 |
| 2011 | $43.1M | $35.9M | $90.8M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85.6M, expenses of $103.0M, and assets of $212.0M (revenue -13.6% year-over-year).
- 2022: Revenue of $99.1M, expenses of $90.1M, and assets of $185.1M (revenue +30.5% year-over-year).
- 2021: Revenue of $76.0M, expenses of $85.3M, and assets of $197.2M (revenue +96.7% year-over-year).
- 2020: Revenue of $38.6M, expenses of $52.5M, and assets of $175.5M (revenue -33.3% year-over-year).
- 2019: Revenue of $57.9M, expenses of $69.8M, and assets of $138.6M (revenue +1.1% year-over-year).
- 2018: Revenue of $57.2M, expenses of $57.4M, and assets of $142.4M (revenue -7.1% year-over-year).
- 2017: Revenue of $61.6M, expenses of $51.5M, and assets of $150.9M (revenue +17.1% year-over-year).
- 2016: Revenue of $52.7M, expenses of $49.1M, and assets of $133.2M (revenue -25.3% year-over-year).
- 2015: Revenue of $70.5M, expenses of $46.1M, and assets of $128.1M (revenue +49.1% year-over-year).
- 2014: Revenue of $47.3M, expenses of $41.4M, and assets of $109.1M (revenue +18.1% year-over-year).
- 2013: Revenue of $40.0M, expenses of $38.4M, and assets of $101.6M (revenue +5.6% year-over-year).
- 2012: Revenue of $37.9M, expenses of $36.6M, and assets of $95.7M (revenue -11.9% year-over-year).
- 2011: Revenue of $43.1M, expenses of $35.9M, and assets of $90.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Planned Parenthood Of Greater New York Inc:
Data Sources and Methodology
This transparency report for Planned Parenthood Of Greater New York 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.