Presbyterian Senior Services
Presbyterian Senior Services shows strong revenue and asset growth with no reported officer compensation.
EIN: 131981482 · New York, NY · NTEE: P81Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.7M |
| Total Expenses | $8.3M |
| Program Spending | 85% |
| Net Assets | $5.7M |
| Transparency Score | 85/100 |
Is Presbyterian Senior Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Presbyterian Senior Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Presbyterian Senior Services
Presbyterian Senior Services (EIN: 131981482) is a nonprofit organization based in New York, NY, classified under NTEE code P81Z. The organization reported total revenue of $11.7M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presbyterian Senior Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Presbyterian Senior Services is a large 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 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.4M |
| Total Expenses | $8.3M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $6.8M |
| Total Liabilities | $1.2M |
| Net Assets | $5.7M |
| Operating Margin | 12.1% |
| Debt-to-Asset Ratio | 17.1% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Presbyterian Senior Services reported a surplus of $1.1M with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 17.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Presbyterian Senior Services's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.4% | +41.3% | +48.7% |
| 2022 | +11.2% | +1.9% | +11.0% |
| 2021 | -3.1% | -4.0% | -6.1% |
| 2020 | -8.0% | -4.8% | +19.9% |
| 2019 | +5.8% | +10.2% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Presbyterian Senior Services 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, Presbyterian Senior Services 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, suggesting either a fully volunteer executive leadership or that compensation is reported under other expense categories.
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 Presbyterian Senior Services's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual and may obscure actual executive remuneration if it's categorized elsewhere.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Presbyterian Senior Services:
- Strong and consistent revenue growth, from $3,985,219 in 2014 to $9,436,617 in 2023.
- Significant asset growth, increasing from $2,095,931 in 2014 to $6,839,268 in 2023, indicating financial stability.
- Consistent operational surpluses, with revenues generally exceeding expenses over the past decade.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Presbyterian Senior Services
Is Presbyterian Senior Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Presbyterian Senior Services (EIN: 131981482) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Presbyterian Senior Services spend its money?
Presbyterian Senior Services directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Presbyterian Senior Services tax-deductible?
Presbyterian Senior Services is registered as a tax-exempt nonprofit (EIN: 131981482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Presbyterian Senior Services's spending goes to programs?
Presbyterian Senior Services directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Presbyterian Senior Services compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Presbyterian Senior Services is above average for NTEE category P81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Presbyterian Senior Services located?
Presbyterian Senior Services is headquartered in New York, New York and files with the IRS under EIN 131981482. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Presbyterian Senior Services have?
Presbyterian Senior Services 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 $11.7M in total revenue.
How does Presbyterian Senior Services manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization with revenues exceeding $9 million. This could indicate a fully volunteer executive leadership, or that executive compensation is categorized under other expense lines, which would require further investigation to understand the true compensation structure.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency and how resources are allocated to the mission versus overhead.
What are the specific programs and services offered by Presbyterian Senior Services?
While the NTEE code P81Z indicates 'Services for the Elderly, N.E.C.', the provided financial data does not detail the specific programs or services offered by Presbyterian Senior Services. Understanding these programs would provide context for the reported expenses and impact.
Filing History
IRS 990 filing history for Presbyterian Senior Services showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Presbyterian Senior Services's revenue has grown by 301%, moving from $2.4M to $9.4M. Total assets increased by 674.7% over the same period, from $883K to $6.8M. Total functional expenses rose by 249.8%, from $2.4M to $8.3M. In its most recent filing year (2023), Presbyterian Senior Services reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $6.8M in assets (debt-to-asset ratio: 17.1%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.4M | $8.3M | $6.8M | $1.2M | — | View 990 |
| 2022 | $6.5M | $5.9M | $4.6M | $319K | — | View 990 |
| 2021 | $5.8M | $5.8M | $4.1M | $264K | — | View 990 |
| 2020 | $6.0M | $6.0M | $4.4M | $880K | — | View 990 |
| 2019 | $6.5M | $6.3M | $3.7M | $178K | — | View 990 |
| 2018 | $6.2M | $5.7M | $3.7M | $495K | — | View 990 |
| 2017 | $5.5M | $5.2M | $3.0M | $254K | — | View 990 |
| 2016 | $4.0M | $3.7M | $2.8M | $374K | — | View 990 |
| 2015 | $3.0M | $2.9M | $2.2M | $152K | — | View 990 |
| 2014 | $4.0M | $2.8M | $2.1M | $147K | — | View 990 |
| 2013 | $2.6M | $2.5M | $829K | $115K | — | View 990 |
| 2012 | $2.2M | $2.3M | $790K | $190K | — | View 990 |
| 2011 | $2.4M | $2.4M | $883K | $237K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.4M, expenses of $8.3M, and assets of $6.8M (revenue +45.4% year-over-year).
- 2022: Revenue of $6.5M, expenses of $5.9M, and assets of $4.6M (revenue +11.2% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.8M, and assets of $4.1M (revenue -3.1% year-over-year).
- 2020: Revenue of $6.0M, expenses of $6.0M, and assets of $4.4M (revenue -8.0% year-over-year).
- 2019: Revenue of $6.5M, expenses of $6.3M, and assets of $3.7M (revenue +5.8% year-over-year).
- 2018: Revenue of $6.2M, expenses of $5.7M, and assets of $3.7M (revenue +12.9% year-over-year).
- 2017: Revenue of $5.5M, expenses of $5.2M, and assets of $3.0M (revenue +36.2% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.7M, and assets of $2.8M (revenue +32.8% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $2.2M (revenue -24.0% year-over-year).
- 2014: Revenue of $4.0M, expenses of $2.8M, and assets of $2.1M (revenue +52.7% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.5M, and assets of $829K (revenue +16.7% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.3M, and assets of $790K (revenue -4.9% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.4M, and assets of $883K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Presbyterian Senior Services:
Data Sources and Methodology
This transparency report for Presbyterian Senior Services 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.