Poets House Inc
Poets House Inc. shows strong financial growth and no reported officer compensation in recent filings.
EIN: 133255098 · New York, NY · NTEE: A76Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| Net Assets | $8.0M |
| Transparency Score | 85/100 |
Is Poets House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Poets House Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Poets House Inc
Poets House Inc (EIN: 133255098) is a nonprofit organization based in New York, NY, classified under NTEE code A76Z. The organization reported total revenue of $1.9M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Poets House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Poets House Inc is a mid-size nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$936K |
| Total Assets | $9.0M |
| Total Liabilities | $1.0M |
| Net Assets | $8.0M |
| Operating Margin | 45.2% |
| Debt-to-Asset Ratio | 11.1% |
| Months of Reserves | 95.4 months |
Financial Health Grade: A
In 2023, Poets House Inc reported a surplus of $936K with revenue exceeding expenses, holds 95.4 months of operating reserves (strong position), has a debt-to-asset ratio of 11.1% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Poets House Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | -28.1% | +14.0% |
| 2022 | +19.9% | +26.0% | -1.1% |
| 2021 | +16.5% | -17.3% | +8.5% |
| 2020 | +5.3% | -14.5% | +1.2% |
| 2019 | +19.7% | +9.6% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Poets House 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: 80%
- fundraising: 10%
According to IRS 990 filings, Poets House Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $936K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.1%.
Executive Compensation Analysis
Poets House Inc. consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly favorable for donor confidence 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 Poets House Inc's IRS 990 filings:
- Significant increase in liabilities in 202312 to over $1 million, requiring further investigation.
Strengths
The following positive indicators were identified for Poets House Inc:
- Consistent revenue growth, with 202312 revenue at $2,070,267.
- Strong asset growth, reaching $9,025,633 in 202312.
- No reported officer compensation across all available filings, indicating efficient use of funds.
- Positive net income in recent years, particularly a large surplus in 202312 ($2,070,267 revenue vs. $1,134,715 expenses).
Frequently Asked Questions about Poets House Inc
Is Poets House Inc a legitimate charity?
Poets House Inc (EIN: 133255098) 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: $1.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Poets House Inc spend its money?
Poets House Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Poets House Inc tax-deductible?
Poets House Inc is registered as a tax-exempt nonprofit (EIN: 133255098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Poets House Inc's spending goes to programs?
Poets House Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Poets House Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Poets House Inc is above average for NTEE category A76Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Poets House Inc located?
Poets House Inc is headquartered in New York, New York and files with the IRS under EIN 133255098. It is classified under NTEE code A76Z.
How many years of IRS 990 filings does Poets House Inc have?
Poets House 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 $1.9M in total revenue.
What caused the significant increase in liabilities to $1,004,028 in 202312?
The provided data does not specify the nature of the liabilities, but this increase from $201,914 in 202212 is a notable change that would require reviewing the full 990 form for details.
How does Poets House Inc. manage to operate without reporting officer compensation?
The 0% officer compensation reported suggests that either the leadership is entirely volunteer-based, or compensation falls below the reporting threshold, or is categorized differently. A deeper dive into the full 990 would clarify this.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses. To understand the exact allocation, the full IRS 990 forms would need to be consulted.
Filing History
IRS 990 filing history for Poets House Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Poets House Inc's revenue has grown by 83.8%, moving from $1.1M to $2.1M. Total assets decreased by 4.2% over the same period, from $9.4M to $9.0M. Total functional expenses fell by 43.5%, from $2.0M to $1.1M. In its most recent filing year (2023), Poets House Inc reported a surplus of $936K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $9.0M in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.1M | $9.0M | $1.0M | — | — |
| 2022 | $1.9M | $1.6M | $7.9M | $202K | — | View 990 |
| 2021 | $1.6M | $1.3M | $8.0M | $517K | — | View 990 |
| 2020 | $1.4M | $1.5M | $7.4M | $267K | — | View 990 |
| 2019 | $1.3M | $1.8M | $7.3M | $63K | — | View 990 |
| 2018 | $1.1M | $1.6M | $7.7M | $63K | — | View 990 |
| 2017 | $1.7M | $1.7M | $8.3M | $68K | — | View 990 |
| 2016 | $1.6M | $1.7M | $8.3M | $80K | — | View 990 |
| 2015 | $1.3M | $1.7M | $8.3M | $83K | — | View 990 |
| 2014 | $942K | $874K | $8.8M | $97K | — | View 990 |
| 2014 | $1.7M | $1.8M | $8.8M | $128K | — | View 990 |
| 2013 | $1.5M | $1.9M | $8.8M | $94K | — | View 990 |
| 2012 | $1.6M | $1.8M | $9.1M | $41K | — | View 990 |
| 2011 | $1.1M | $2.0M | $9.4M | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.1M, and assets of $9.0M (revenue +8.0% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.6M, and assets of $7.9M (revenue +19.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $8.0M (revenue +16.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $7.4M (revenue +5.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.8M, and assets of $7.3M (revenue +19.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.6M, and assets of $7.7M (revenue -35.6% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $8.3M (revenue +7.0% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $8.3M (revenue +21.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.7M, and assets of $8.3M (revenue +37.6% year-over-year).
- 2014: Revenue of $942K, expenses of $874K, and assets of $8.8M (revenue -45.9% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $8.8M (revenue +14.4% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.9M, and assets of $8.8M (revenue -3.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.8M, and assets of $9.1M (revenue +40.0% year-over-year).
- 2011: Revenue of $1.1M, expenses of $2.0M, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Poets House Inc:
Data Sources and Methodology
This transparency report for Poets House 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.