Port Chester Carver Center Inc
Port Chester Carver Center Inc shows consistent revenue growth and zero reported officer compensation.
EIN: 131832949 · Port Chester, NY · NTEE: P33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| Net Assets | $6.7M |
| Transparency Score | 90/100 |
Is Port Chester Carver Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Port Chester Carver Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Port Chester Carver Center Inc
Port Chester Carver Center Inc (EIN: 131832949) is a nonprofit organization based in Port Chester, NY, classified under NTEE code P33Z. The organization reported total revenue of $5.2M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Chester Carver Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Chester Carver Center Inc is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$343K |
| Total Assets | $7.0M |
| Total Liabilities | $256K |
| Net Assets | $6.7M |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 21.7 months |
Financial Health Grade: A
In 2023, Port Chester Carver Center Inc reported a surplus of $343K with revenue exceeding expenses, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Port Chester Carver Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | +27.9% | +7.0% |
| 2022 | +41.1% | +15.0% | +7.6% |
| 2021 | -4.4% | -13.6% | +5.1% |
| 2020 | -12.2% | -30.4% | +0.4% |
| 2019 | -14.4% | +13.2% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
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 Port Chester Carver Center Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Port Chester Carver Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $343K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong commitment to directing funds to programs.
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.
Strengths
The following positive indicators were identified for Port Chester Carver Center Inc:
- Consistent revenue growth, from $2,946,327 in 2021 to $4,212,325 in 2023.
- Healthy asset accumulation, increasing from $5,770,556 in 2020 to $6,985,223 in 2023.
- Remarkable transparency with 0% officer compensation reported across all filings.
- Expenses generally below revenue in recent years, indicating efficient financial management (e.g., 2023: Expenses $3,869,351 vs. Revenue $4,212,325).
- Relatively low liabilities compared to assets, suggesting strong financial solvency.
Frequently Asked Questions about Port Chester Carver Center Inc
Is Port Chester Carver Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Port Chester Carver Center Inc (EIN: 131832949) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Port Chester Carver Center Inc spend its money?
Port Chester Carver Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Port Chester Carver Center Inc tax-deductible?
Port Chester Carver Center Inc is registered as a tax-exempt nonprofit (EIN: 131832949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Port Chester Carver Center Inc's spending goes to programs?
Port Chester Carver Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Port Chester Carver Center Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Port Chester Carver Center Inc is above average for NTEE category P33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Port Chester Carver Center Inc located?
Port Chester Carver Center Inc is headquartered in Port Chester, New York and files with the IRS under EIN 131832949. It is classified under NTEE code P33Z.
How many years of IRS 990 filings does Port Chester Carver Center Inc have?
Port Chester Carver Center 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 $5.2M in total revenue.
Is Port Chester Carver Center Inc a good charity?
Based on the available data, Port Chester Carver Center Inc appears to be a good charity. It demonstrates consistent revenue growth, healthy asset accumulation, and a remarkable commitment to transparency by reporting 0% officer compensation across all filings, suggesting a strong focus on its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with revenue growing from $2,946,327 in 2021 to $4,212,325 in 2023. Assets have also steadily increased from $5,770,556 in 2020 to $6,985,223 in 2023, indicating a positive trend in financial stability and growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, which is highly unusual and suggests that executive leadership may be entirely volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization has a unique compensation structure that prioritizes mission over executive salaries.
Filing History
IRS 990 filing history for Port Chester Carver Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Port Chester Carver Center Inc's revenue has grown by 50.3%, moving from $2.8M to $4.2M. Total assets increased by 8.6% over the same period, from $6.4M to $7.0M. Total functional expenses rose by 37.4%, from $2.8M to $3.9M. In its most recent filing year (2023), Port Chester Carver Center Inc reported a surplus of $343K, with revenue exceeding expenses. The organization holds $256K in liabilities against $7.0M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $3.9M | $7.0M | $256K | — | View 990 |
| 2022 | $4.2M | $3.0M | $6.5M | $207K | — | View 990 |
| 2021 | $2.9M | $2.6M | $6.1M | $647K | — | View 990 |
| 2020 | $3.1M | $3.0M | $5.8M | $945K | — | View 990 |
| 2019 | $3.5M | $4.4M | $5.7M | $794K | — | View 990 |
| 2018 | $4.1M | $3.9M | $6.3M | $438K | — | View 990 |
| 2017 | $4.1M | $4.0M | $6.2M | $614K | — | View 990 |
| 2016 | $4.0M | $4.2M | $5.8M | $319K | — | View 990 |
| 2015 | $2.9M | $3.2M | $5.9M | $236K | — | View 990 |
| 2014 | $2.7M | $2.7M | $6.2M | $217K | — | View 990 |
| 2013 | $2.0M | $2.7M | $6.0M | $236K | — | View 990 |
| 2012 | $2.5M | $2.5M | $6.5M | $192K | — | View 990 |
| 2011 | $2.8M | $2.8M | $6.4M | $176K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $3.9M, and assets of $7.0M (revenue +1.3% year-over-year).
- 2022: Revenue of $4.2M, expenses of $3.0M, and assets of $6.5M (revenue +41.1% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.6M, and assets of $6.1M (revenue -4.4% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.0M, and assets of $5.8M (revenue -12.2% year-over-year).
- 2019: Revenue of $3.5M, expenses of $4.4M, and assets of $5.7M (revenue -14.4% year-over-year).
- 2018: Revenue of $4.1M, expenses of $3.9M, and assets of $6.3M (revenue -0.2% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.0M, and assets of $6.2M (revenue +3.5% year-over-year).
- 2016: Revenue of $4.0M, expenses of $4.2M, and assets of $5.8M (revenue +35.8% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.2M, and assets of $5.9M (revenue +6.5% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $6.2M (revenue +33.9% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.7M, and assets of $6.0M (revenue -17.5% year-over-year).
- 2012: Revenue of $2.5M, expenses of $2.5M, and assets of $6.5M (revenue -11.4% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.8M, and assets of $6.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port Chester Carver Center Inc:
Data Sources and Methodology
This transparency report for Port Chester Carver Center 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.