Police Benevolent Assoc Of The City Of New York Inc
Police Benevolent Association maintains substantial assets despite occasional operating deficits and reports no officer compensation.
EIN: 135308915 · New York, NY · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55.0M |
| Total Expenses | $26.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $64.3M |
| Transparency Score | 65/100 |
Is Police Benevolent Assoc Of The City Of 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 →
Police Benevolent Assoc Of The City Of New York Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Police Benevolent Assoc Of The City Of New York Inc
Police Benevolent Assoc Of The City Of New York Inc (EIN: 135308915) is a nonprofit organization based in New York, NY, classified under NTEE code J40. The organization reported total revenue of $55.0M and total assets of $71.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Police Benevolent Assoc Of The City Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Police Benevolent Assoc Of The City Of New York Inc is a major nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.3M |
| Total Expenses | $26.8M |
| Surplus / Deficit | $-1,458,173 |
| Total Assets | $68.8M |
| Total Liabilities | $4.5M |
| Net Assets | $64.3M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 30.8 months |
Financial Health Grade: B
In 2023, Police Benevolent Assoc Of The City Of New York Inc reported a deficit of $1.5M with expenses exceeding revenue, holds 30.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Police Benevolent Assoc Of The City Of New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.2% | -8.2% | -0.5% |
| 2022 | -3.2% | +7.4% | -4.8% |
| 2021 | -1.8% | +6.8% | -1.8% |
| 2020 | +0.0% | -2.4% | +4.4% |
| 2019 | +1.9% | +15.3% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1969 |
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 Police Benevolent Assoc Of The City Of New York Inc with a Mission Score of 65 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, Police Benevolent Assoc Of The City Of 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 $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size with revenues often exceeding $25 million, suggesting executive compensation may be reported under other expense categories or is not directly paid to officers in a way that requires disclosure in this section.
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 Police Benevolent Assoc Of The City Of New York Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive pay.
- Occasional operating deficits where expenses exceed revenue, such as in 202306 and 202206.
Strengths
The following positive indicators were identified for Police Benevolent Assoc Of The City Of New York Inc:
- Strong and growing asset base, reaching $71,200,444 in the latest period.
- Low liabilities relative to assets, indicating financial stability.
- Consistent revenue generation, generally above $23 million annually over the past decade.
Frequently Asked Questions about Police Benevolent Assoc Of The City Of New York Inc
Is Police Benevolent Assoc Of The City Of New York Inc a legitimate charity?
Police Benevolent Assoc Of The City Of New York Inc (EIN: 135308915) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $55.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Police Benevolent Assoc Of The City Of New York Inc spend its money?
Police Benevolent Assoc Of The City Of New York Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Police Benevolent Assoc Of The City Of New York Inc tax-deductible?
Police Benevolent Assoc Of The City Of New York Inc is registered as a tax-exempt nonprofit (EIN: 135308915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Police Benevolent Assoc Of The City Of New York Inc CEO make?
Police Benevolent Assoc Of The City Of New York Inc's highest-compensated officer earns $25 annually. The organization reported $55.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Police Benevolent Assoc Of The City Of New York Inc's spending goes to programs?
Police Benevolent Assoc Of The City Of New York Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Police Benevolent Assoc Of The City Of New York Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Police Benevolent Assoc Of The City Of New York Inc is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Police Benevolent Assoc Of The City Of New York Inc located?
Police Benevolent Assoc Of The City Of New York Inc is headquartered in New York, New York and files with the IRS under EIN 135308915. It is classified under NTEE code J40.
How many years of IRS 990 filings does Police Benevolent Assoc Of The City Of New York Inc have?
Police Benevolent Assoc Of The City Of 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 $55.0M in total revenue.
Is Police Benevolent Assoc Of The City Of New York Inc a good charity?
The organization demonstrates financial stability with significant assets. However, the consistent 0% officer compensation reported raises questions about transparency regarding executive pay, which is a key factor in assessing a 'good' charity.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, though there have been periods like 202306 and 202206 where expenses slightly exceeded revenue. For example, in 202306, expenses were $26,789,828 against revenues of $25,331,655.
What is the trend in the organization's assets and liabilities?
The organization has consistently maintained a strong asset base, growing from $56,144,754 in 201506 to $71,200,444 in the latest period, while keeping liabilities relatively low and stable, typically under $5 million.
Filing History
IRS 990 filing history for Police Benevolent Assoc Of The City Of New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Police Benevolent Assoc Of The City Of New York Inc's revenue has grown by 11.8%, moving from $22.7M to $25.3M. Total assets increased by 64.3% over the same period, from $41.9M to $68.8M. Total functional expenses rose by 61.5%, from $16.6M to $26.8M. In its most recent filing year (2023), Police Benevolent Assoc Of The City Of New York Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $4.5M in liabilities against $68.8M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $64.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.3M | $26.8M | $68.8M | $4.5M | — | View 990 |
| 2022 | $27.0M | $29.2M | $69.2M | $4.1M | — | View 990 |
| 2021 | $27.9M | $27.2M | $72.6M | $2.4M | — | View 990 |
| 2020 | $28.4M | $25.5M | $74.0M | $3.5M | — | View 990 |
| 2019 | $28.4M | $26.1M | $70.8M | $4.4M | — | View 990 |
| 2018 | $27.9M | $22.6M | $66.4M | $3.5M | — | View 990 |
| 2017 | $26.8M | $21.8M | $61.8M | $3.7M | — | — |
| 2016 | $24.5M | $23.2M | $57.1M | $3.6M | — | View 990 |
| 2015 | $23.5M | $24.9M | $56.1M | $4.0M | — | View 990 |
| 2014 | $23.1M | $19.4M | $56.8M | $3.0M | — | View 990 |
| 2013 | $23.1M | $17.6M | $52.3M | $2.2M | — | View 990 |
| 2012 | $22.7M | $17.5M | $47.2M | $2.7M | — | View 990 |
| 2011 | $22.7M | $16.6M | $41.9M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.3M, expenses of $26.8M, and assets of $68.8M (revenue -6.2% year-over-year).
- 2022: Revenue of $27.0M, expenses of $29.2M, and assets of $69.2M (revenue -3.2% year-over-year).
- 2021: Revenue of $27.9M, expenses of $27.2M, and assets of $72.6M (revenue -1.8% year-over-year).
- 2020: Revenue of $28.4M, expenses of $25.5M, and assets of $74.0M (revenue +0.0% year-over-year).
- 2019: Revenue of $28.4M, expenses of $26.1M, and assets of $70.8M (revenue +1.9% year-over-year).
- 2018: Revenue of $27.9M, expenses of $22.6M, and assets of $66.4M (revenue +3.8% year-over-year).
- 2017: Revenue of $26.8M, expenses of $21.8M, and assets of $61.8M (revenue +9.4% year-over-year).
- 2016: Revenue of $24.5M, expenses of $23.2M, and assets of $57.1M (revenue +4.6% year-over-year).
- 2015: Revenue of $23.5M, expenses of $24.9M, and assets of $56.1M (revenue +1.3% year-over-year).
- 2014: Revenue of $23.1M, expenses of $19.4M, and assets of $56.8M (revenue +0.1% year-over-year).
- 2013: Revenue of $23.1M, expenses of $17.6M, and assets of $52.3M (revenue +2.0% year-over-year).
- 2012: Revenue of $22.7M, expenses of $17.5M, and assets of $47.2M (revenue +0.0% year-over-year).
- 2011: Revenue of $22.7M, expenses of $16.6M, and assets of $41.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Police Benevolent Assoc Of The City Of New York Inc:
Data Sources and Methodology
This transparency report for Police Benevolent Assoc Of The City Of 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.