Spence Chapin Services To Families And Children
Spence Chapin Services To Families And Children maintains substantial assets despite fluctuating revenues, reporting zero officer compensation.
EIN: 131834590 · New York, NY · NTEE: P310 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.0M |
| Total Expenses | $7.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $60 |
| Net Assets | $55.2M |
| Transparency Score | 90/100 |
Is Spence Chapin Services To Families And Children Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spence Chapin Services To Families And Children directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spence Chapin Services To Families And Children
Spence Chapin Services To Families And Children (EIN: 131834590) is a nonprofit organization based in New York, NY, classified under NTEE code P310. The organization reported total revenue of $16.0M and total assets of $66.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spence Chapin Services To Families And Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spence Chapin Services To Families And Children is a large nonprofit that has been operating for 58 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 | $10.6M |
| Total Expenses | $7.5M |
| Surplus / Deficit | +$3.1M |
| Total Assets | $63.4M |
| Total Liabilities | $8.2M |
| Net Assets | $55.2M |
| Operating Margin | 29.1% |
| Debt-to-Asset Ratio | 13.0% |
| Months of Reserves | 100.9 months |
Financial Health Grade: A
In 2023, Spence Chapin Services To Families And Children reported a surplus of $3.1M with revenue exceeding expenses, holds 100.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Spence Chapin Services To Families And Children's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.4% | -3.3% | +14.0% |
| 2022 | +21.4% | +26.4% | -12.4% |
| 2021 | -41.2% | -15.4% | +16.5% |
| 2020 | +96.6% | -2.6% | -3.2% |
| 2019 | -23.4% | +5.1% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 1968 |
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 Spence Chapin Services To Families And Children 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, Spence Chapin Services To Families And Children 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 $3.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.0%.
Executive Compensation Analysis
The organization consistently reports 0% for officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $60 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within their financial reporting, warranting further inquiry for complete 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 Spence Chapin Services To Families And Children's IRS 990 filings:
- Consistent reporting of 0% officer compensation for an organization of this size, which may obscure actual executive remuneration if categorized elsewhere.
- Significant year-over-year revenue fluctuations (e.g., $4.9M in 201906 to $10.6M in 202306) could indicate an unstable funding model if not managed by a robust endowment.
Strengths
The following positive indicators were identified for Spence Chapin Services To Families And Children:
- Strong asset base ($66,368,041 latest assets) provides financial stability and resilience.
- Positive revenue-to-expense ratio in the most recent filing (202306: Revenue $10,636,696 vs. Expenses $7,543,719).
- Consistent reporting of 0% officer compensation, indicating a potential commitment to directing funds to mission or a highly efficient compensation structure.
- Long filing history (13 filings) suggests established operations and compliance.
Frequently Asked Questions about Spence Chapin Services To Families And Children
Is Spence Chapin Services To Families And Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Spence Chapin Services To Families And Children (EIN: 131834590) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Spence Chapin Services To Families And Children spend its money?
Spence Chapin Services To Families And Children directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spence Chapin Services To Families And Children tax-deductible?
Spence Chapin Services To Families And Children is registered as a tax-exempt nonprofit (EIN: 131834590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Spence Chapin Services To Families And Children CEO make?
Spence Chapin Services To Families And Children's highest-compensated officer earns $60 annually. The organization reported $16.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Spence Chapin Services To Families And Children's spending goes to programs?
Spence Chapin Services To Families And Children directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spence Chapin Services To Families And Children compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Spence Chapin Services To Families And Children is above average for NTEE category P310 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spence Chapin Services To Families And Children located?
Spence Chapin Services To Families And Children is headquartered in New York, New York and files with the IRS under EIN 131834590. It is classified under NTEE code P310.
How many years of IRS 990 filings does Spence Chapin Services To Families And Children have?
Spence Chapin Services To Families And Children 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 $16.0M in total revenue.
How does Spence Chapin Services To Families And Children sustain operations during years when expenses exceed revenue, such as in 202206 and 202106?
The organization likely draws upon its substantial asset base, which was $63,417,282 in 202306, to cover operational deficits in years where expenses ($7,801,796 in 202206) surpassed revenue ($6,889,323 in 202206).
What is the true nature of executive compensation, given the consistent 0% reported in officer compensation?
The consistent 0% reported for officer compensation suggests either a volunteer executive leadership or that compensation for key executives is reported under different expense categories, which would require a deeper dive into the full IRS 990 forms for clarification.
What is the primary source of the organization's significant assets?
While not explicitly detailed in the provided data, the large and relatively stable asset base (e.g., $66,368,041 latest assets) likely includes a substantial endowment or investment portfolio, which helps buffer against revenue fluctuations.
Filing History
IRS 990 filing history for Spence Chapin Services To Families And Children showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Spence Chapin Services To Families And Children's revenue has declined by 5.8%, moving from $11.3M to $10.6M. Total assets decreased by 1.1% over the same period, from $64.1M to $63.4M. Total functional expenses fell by 19.1%, from $9.3M to $7.5M. In its most recent filing year (2023), Spence Chapin Services To Families And Children reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $8.2M in liabilities against $63.4M in assets (debt-to-asset ratio: 13.0%), resulting in net assets of $55.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.6M | $7.5M | $63.4M | $8.2M | — | View 990 |
| 2022 | $6.9M | $7.8M | $55.6M | $6.9M | — | View 990 |
| 2021 | $5.7M | $6.2M | $63.5M | $7.1M | — | View 990 |
| 2020 | $9.6M | $7.3M | $54.5M | $7.5M | — | View 990 |
| 2019 | $4.9M | $7.5M | $56.3M | $7.7M | — | View 990 |
| 2018 | $6.4M | $7.1M | $58.1M | $8.0M | — | View 990 |
| 2017 | $8.2M | $7.3M | $58.7M | $8.3M | — | View 990 |
| 2016 | $4.8M | $6.9M | $56.1M | $8.5M | — | View 990 |
| 2015 | $5.8M | $6.5M | $62.1M | $8.9M | — | View 990 |
| 2014 | $6.6M | $6.9M | $64.8M | $8.9M | — | View 990 |
| 2013 | $6.6M | $7.9M | $61.1M | $9.5M | — | View 990 |
| 2012 | $5.9M | $8.5M | $59.6M | $9.9M | — | View 990 |
| 2011 | $11.3M | $9.3M | $64.1M | $10.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.6M, expenses of $7.5M, and assets of $63.4M (revenue +54.4% year-over-year).
- 2022: Revenue of $6.9M, expenses of $7.8M, and assets of $55.6M (revenue +21.4% year-over-year).
- 2021: Revenue of $5.7M, expenses of $6.2M, and assets of $63.5M (revenue -41.2% year-over-year).
- 2020: Revenue of $9.6M, expenses of $7.3M, and assets of $54.5M (revenue +96.6% year-over-year).
- 2019: Revenue of $4.9M, expenses of $7.5M, and assets of $56.3M (revenue -23.4% year-over-year).
- 2018: Revenue of $6.4M, expenses of $7.1M, and assets of $58.1M (revenue -21.9% year-over-year).
- 2017: Revenue of $8.2M, expenses of $7.3M, and assets of $58.7M (revenue +72.2% year-over-year).
- 2016: Revenue of $4.8M, expenses of $6.9M, and assets of $56.1M (revenue -18.4% year-over-year).
- 2015: Revenue of $5.8M, expenses of $6.5M, and assets of $62.1M (revenue -11.3% year-over-year).
- 2014: Revenue of $6.6M, expenses of $6.9M, and assets of $64.8M (revenue +0.2% year-over-year).
- 2013: Revenue of $6.6M, expenses of $7.9M, and assets of $61.1M (revenue +12.0% year-over-year).
- 2012: Revenue of $5.9M, expenses of $8.5M, and assets of $59.6M (revenue -48.0% year-over-year).
- 2011: Revenue of $11.3M, expenses of $9.3M, and assets of $64.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spence Chapin Services To Families And Children:
Data Sources and Methodology
This transparency report for Spence Chapin Services To Families And Children 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.