Reid Hall Inc
Reid Hall Inc consistently maintains strong financial health with growing assets and no reported officer compensation.
EIN: 131611126 · New York, NY · NTEE: Q220 · Updated: 2026-03-28
Is Reid Hall Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reid Hall Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reid Hall Inc
Reid Hall Inc (EIN: 131611126) is a nonprofit organization based in New York, NY, classified under NTEE code Q220. The organization reported total revenue of $3.2M and total assets of $23.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reid Hall Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reid Hall Inc is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $22.6M |
| Total Liabilities | $111K |
| Net Assets | $22.5M |
| Operating Margin | 51.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 119.9 months |
Financial Health Grade: A
In 2023, Reid Hall Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 119.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Reid Hall Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.1% | +2.6% | +9.9% |
| 2022 | +12.3% | +11.9% | -5.4% |
| 2021 | +20.0% | -22.2% | +8.1% |
| 2020 | -59.8% | +12.9% | -1.4% |
| 2019 | +13.1% | -10.5% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1946 |
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 Reid Hall 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Reid Hall Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Reid Hall Inc consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with assets exceeding $20 million.
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 Reid Hall Inc's IRS 990 filings:
- Lack of clarity on how leadership is compensated given 0% officer compensation reported for an organization of this size.
Strengths
The following positive indicators were identified for Reid Hall Inc:
- Consistent asset growth, increasing from $13.27 million in 2014 to $22.58 million in 2023.
- Strong financial surpluses in most years, indicating effective revenue generation and expense management (e.g., 2023 revenue of $4,677,831 vs. expenses of $2,260,277).
- Very low liabilities relative to assets, demonstrating financial stability and minimal debt.
- No reported officer compensation across all filings, suggesting high efficiency in leadership costs.
Frequently Asked Questions about Reid Hall Inc
Is Reid Hall Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reid Hall Inc (EIN: 131611126) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Reid Hall Inc spend its money?
Reid Hall Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reid Hall Inc tax-deductible?
Reid Hall Inc is registered as a tax-exempt nonprofit (EIN: 131611126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Reid Hall Inc a good charity?
Based on its financial data, Reid Hall Inc appears to be a well-managed organization with strong financial health, consistent asset growth, and a very low liability burden. The absence of reported officer compensation is a unique characteristic that could be viewed positively for efficiency.
How has Reid Hall Inc's financial health changed over time?
Reid Hall Inc has shown consistent financial growth, with assets increasing from $13.27 million in 2014 to $22.58 million in 2023. Revenue has also generally trended upwards, with significant surpluses in most years, indicating robust financial management.
What is the organization's approach to executive compensation?
Reid Hall Inc consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990 form.
Filing History
IRS 990 filing history for Reid Hall Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reid Hall Inc's revenue has grown by 67.3%, moving from $2.8M to $4.7M. Total assets increased by 87.8% over the same period, from $12.0M to $22.6M. Total functional expenses rose by 35.6%, from $1.7M to $2.3M. In its most recent filing year (2023), Reid Hall Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $111K in liabilities against $22.6M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $22.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $2.3M | $22.6M | $111K | — | — |
| 2022 | $3.1M | $2.2M | $20.5M | $63K | — | View 990 |
| 2021 | $2.8M | $2.0M | $21.7M | $59K | — | View 990 |
| 2020 | $2.3M | $2.5M | $20.1M | $61K | — | View 990 |
| 2019 | $5.7M | $2.2M | $20.4M | $75K | — | View 990 |
| 2018 | $5.1M | $2.5M | $17.1M | $86K | — | View 990 |
| 2017 | $2.4M | $1.7M | $13.5M | $79K | — | View 990 |
| 2016 | $2.5M | $2.4M | $12.2M | $9K | — | View 990 |
| 2015 | $2.8M | $2.7M | $12.8M | $91K | — | View 990 |
| 2014 | $3.4M | $3.1M | $13.3M | $24K | — | View 990 |
| 2013 | $2.6M | $2.4M | $11.9M | $86K | — | View 990 |
| 2012 | $2.2M | $1.7M | $11.5M | $222K | — | View 990 |
| 2011 | $2.8M | $1.7M | $12.0M | $323K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $2.3M, and assets of $22.6M (revenue +51.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.2M, and assets of $20.5M (revenue +12.3% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.0M, and assets of $21.7M (revenue +20.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.5M, and assets of $20.1M (revenue -59.8% year-over-year).
- 2019: Revenue of $5.7M, expenses of $2.2M, and assets of $20.4M (revenue +13.1% year-over-year).
- 2018: Revenue of $5.1M, expenses of $2.5M, and assets of $17.1M (revenue +113.2% year-over-year).
- 2017: Revenue of $2.4M, expenses of $1.7M, and assets of $13.5M (revenue -5.1% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.4M, and assets of $12.2M (revenue -11.6% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.7M, and assets of $12.8M (revenue -17.6% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.1M, and assets of $13.3M (revenue +32.9% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.4M, and assets of $11.9M (revenue +19.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $1.7M, and assets of $11.5M (revenue -22.7% year-over-year).
- 2011: Revenue of $2.8M, expenses of $1.7M, and assets of $12.0M.
Data Sources and Methodology
This transparency report for Reid Hall 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.