Robin Hood Foundation
Robin Hood Foundation consistently directs over 90% of expenses to programs, maintaining strong assets despite periods of deficit spending.
EIN: 133441066 · New York, NY · NTEE: T700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $267.7M |
| Total Expenses | $150.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $213.1M |
| Transparency Score | 92/100 |
Is Robin Hood Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robin Hood Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robin Hood Foundation
Robin Hood Foundation (EIN: 133441066) is a nonprofit organization based in New York, NY, classified under NTEE code T700. The organization reported total revenue of $267.7M and total assets of $334.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robin Hood Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robin Hood Foundation is a major nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134.5M |
| Total Expenses | $150.6M |
| Surplus / Deficit | $-16,169,479 |
| Total Assets | $308.8M |
| Total Liabilities | $95.7M |
| Net Assets | $213.1M |
| Operating Margin | -12.0% |
| Debt-to-Asset Ratio | 31.0% |
| Months of Reserves | 24.6 months |
Financial Health Grade: B
In 2023, Robin Hood Foundation reported a deficit of $16.2M with expenses exceeding revenue, holds 24.6 months of operating reserves (strong position), has a debt-to-asset ratio of 31.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Robin Hood Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | -8.5% | -3.6% |
| 2022 | -7.5% | -19.7% | -9.0% |
| 2021 | -30.5% | +1.2% | -10.8% |
| 2020 | +31.9% | +44.7% | +7.9% |
| 2019 | +14.5% | -29.6% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Robin Hood Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Robin Hood Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $16.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with annual revenues exceeding $100 million. This either indicates that executive compensation is not reported under 'officer compensation' or that executives are compensated through other entities, which would require further scrutiny for full transparency.
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 Robin Hood Foundation's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this size and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for Robin Hood Foundation:
- Exceptional program spending ratio, consistently directing over 90% of expenses to direct program services (e.g., 90% in 202312).
- Substantial asset base, providing financial stability and resilience (e.g., $308,801,119 in assets in 202312).
- Low fundraising costs, indicating efficient donor acquisition and retention (estimated 3% based on breakdown).
- Long history of IRS 990 filings (13 filings), demonstrating consistent reporting and operational longevity.
Frequently Asked Questions about Robin Hood Foundation
Is Robin Hood Foundation a legitimate charity?
Robin Hood Foundation (EIN: 133441066) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $267.7M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Robin Hood Foundation spend its money?
Robin Hood Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Robin Hood Foundation tax-deductible?
Robin Hood Foundation is registered as a tax-exempt nonprofit (EIN: 133441066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Robin Hood Foundation CEO make?
Robin Hood Foundation's highest-compensated officer earns $100 annually. The organization reported $267.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Robin Hood Foundation's spending goes to programs?
Robin Hood Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Robin Hood Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Robin Hood Foundation is above average for NTEE category T700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Robin Hood Foundation located?
Robin Hood Foundation is headquartered in New York, New York and files with the IRS under EIN 133441066. It is classified under NTEE code T700.
How many years of IRS 990 filings does Robin Hood Foundation have?
Robin Hood Foundation 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 $267.7M in total revenue.
Is Robin Hood Foundation a good charity?
Based on its high program spending ratio (consistently over 90% of expenses directed to programs) and substantial asset base, Robin Hood Foundation appears to be a very effective charity in terms of resource allocation to its mission.
How does Robin Hood Foundation fund its operations when expenses exceed revenue?
The organization appears to draw from its significant asset base to cover periods where expenses exceed revenue, as seen in 202312 ($150M expenses vs $134M revenue) and 202212 ($164M expenses vs $129M revenue). Its assets were $308M in 202312, providing a substantial reserve.
What is the trend in Robin Hood Foundation's financial health?
While revenue and expenses fluctuate, the organization consistently maintains a strong asset base (over $300M in recent years) and a high program spending ratio, indicating stable financial health despite some years of deficit spending.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this scale. This could mean that executive compensation is not categorized under 'officer compensation' on the 990, or that executives are compensated by a related entity, which would require deeper investigation to understand the full compensation structure.
Filing History
IRS 990 filing history for Robin Hood Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Robin Hood Foundation's revenue has declined by 6%, moving from $143.1M to $134.5M. Total assets decreased by 22.4% over the same period, from $397.9M to $308.8M. Total functional expenses rose by 10.3%, from $136.6M to $150.6M. In its most recent filing year (2023), Robin Hood Foundation reported a deficit of $16.2M, with expenses exceeding revenue. The organization holds $95.7M in liabilities against $308.8M in assets (debt-to-asset ratio: 31.0%), resulting in net assets of $213.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134.5M | $150.6M | $308.8M | $95.7M | — | View 990 |
| 2022 | $129.3M | $164.6M | $320.3M | $101.4M | — | View 990 |
| 2021 | $139.8M | $205.1M | $351.9M | $95.7M | — | View 990 |
| 2020 | $201.0M | $202.6M | $394.4M | $79.3M | — | View 990 |
| 2019 | $152.3M | $140.0M | $365.6M | $68.4M | — | View 990 |
| 2018 | $133.0M | $198.8M | $345.4M | $75.6M | — | View 990 |
| 2017 | $120.9M | $142.0M | $410.8M | $76.4M | — | View 990 |
| 2016 | $171.7M | $210.0M | $431.3M | $84.3M | — | View 990 |
| 2015 | $185.0M | $157.2M | $462.9M | $71.8M | — | View 990 |
| 2014 | $142.4M | $158.5M | $446.8M | $84.9M | — | View 990 |
| 2013 | $171.9M | $209.7M | $447.7M | $78.1M | — | View 990 |
| 2012 | $217.1M | $157.1M | $482.1M | $84.4M | — | View 990 |
| 2011 | $143.1M | $136.6M | $397.9M | $71.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134.5M, expenses of $150.6M, and assets of $308.8M (revenue +4.0% year-over-year).
- 2022: Revenue of $129.3M, expenses of $164.6M, and assets of $320.3M (revenue -7.5% year-over-year).
- 2021: Revenue of $139.8M, expenses of $205.1M, and assets of $351.9M (revenue -30.5% year-over-year).
- 2020: Revenue of $201.0M, expenses of $202.6M, and assets of $394.4M (revenue +31.9% year-over-year).
- 2019: Revenue of $152.3M, expenses of $140.0M, and assets of $365.6M (revenue +14.5% year-over-year).
- 2018: Revenue of $133.0M, expenses of $198.8M, and assets of $345.4M (revenue +10.0% year-over-year).
- 2017: Revenue of $120.9M, expenses of $142.0M, and assets of $410.8M (revenue -29.6% year-over-year).
- 2016: Revenue of $171.7M, expenses of $210.0M, and assets of $431.3M (revenue -7.2% year-over-year).
- 2015: Revenue of $185.0M, expenses of $157.2M, and assets of $462.9M (revenue +29.9% year-over-year).
- 2014: Revenue of $142.4M, expenses of $158.5M, and assets of $446.8M (revenue -17.1% year-over-year).
- 2013: Revenue of $171.9M, expenses of $209.7M, and assets of $447.7M (revenue -20.8% year-over-year).
- 2012: Revenue of $217.1M, expenses of $157.1M, and assets of $482.1M (revenue +51.7% year-over-year).
- 2011: Revenue of $143.1M, expenses of $136.6M, and assets of $397.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robin Hood Foundation:
Data Sources and Methodology
This transparency report for Robin Hood Foundation 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.