Subaru Of America Foundation Inc
Subaru Of America Foundation: Consistent Giving, Lean Operations
EIN: 222531774 · Camden, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| Net Assets | $5.4M |
| Transparency Score | 85/100 |
Is Subaru Of America Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Subaru Of America Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Subaru Of America Foundation Inc
Subaru Of America Foundation Inc (EIN: 222531774) is a nonprofit organization based in Camden, NJ. The organization reported total revenue of $1.1M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Subaru Of America Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Subaru Of America Foundation Inc is a mid-size nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-825,290 |
| Total Assets | $5.4M |
| Total Liabilities | $1 |
| Net Assets | $5.4M |
| Operating Margin | -413.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 63.0 months |
Financial Health Grade: B
In 2023, Subaru Of America Foundation Inc reported a deficit of $825K with expenses exceeding revenue, holds 63.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), Subaru Of America Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.7% | -0.5% | -20.7% |
| 2022 | +10.4% | -48.3% | -9.6% |
| 2021 | -61.1% | +174.9% | +4.0% |
| 2020 | -3.1% | -52.4% | -0.6% |
| 2019 | -9.2% | +263.7% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Subaru Of America Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Subaru Of America Foundation 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 deficit of $825K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reported compensation for key employees, indicating a volunteer or externally funded leadership structure.
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 Subaru Of America Foundation Inc:
- Strong program spending: The foundation consistently allocates a very high percentage of its expenses to programs, as indicated by the 'x' values relative to 'r' and 'a' in the filings.
- Healthy asset base: With assets consistently in the millions (e.g., $4,500,446 in 2023), the foundation demonstrates financial stability.
- Consistent revenue generation: Despite fluctuations, the foundation maintains a steady stream of revenue, supporting its ongoing initiatives.
Frequently Asked Questions about Subaru Of America Foundation Inc
Is Subaru Of America Foundation Inc a legitimate charity?
Subaru Of America Foundation Inc (EIN: 222531774) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Subaru Of America Foundation Inc spend its money?
Subaru Of America Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Subaru Of America Foundation Inc tax-deductible?
Subaru Of America Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222531774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Subaru Of America Foundation Inc's spending goes to programs?
Subaru Of America Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Subaru Of America Foundation Inc located?
Subaru Of America Foundation Inc is headquartered in Camden, New Jersey and files with the IRS under EIN 222531774.
How many years of IRS 990 filings does Subaru Of America Foundation Inc have?
Subaru Of America Foundation Inc has 10 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 $1.1M in total revenue.
What does Subaru Of America Foundation Inc do?
Subaru Of America Foundation Inc is a nonprofit organization in the Unknown sector, located in Camden, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Subaru Of America Foundation Inc have?
Subaru Of America Foundation Inc reported total revenue of $1,090,048. Based on 10 IRS 990 filings on record.
What are Subaru Of America Foundation Inc's total assets?
Subaru Of America Foundation Inc holds total assets of $4,500,446 as reported in IRS 990 filings.
Where is Subaru Of America Foundation Inc located?
Subaru Of America Foundation Inc is based in Camden, New Jersey.
What is Subaru Of America Foundation Inc's EIN?
Subaru Of America Foundation Inc's Employer Identification Number (EIN) is 222531774. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Subaru Of America Foundation Inc?
Subaru Of America Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Subaru Of America Foundation Inc a registered 501(c)(3)?
Subaru Of America Foundation Inc appears in IRS records (EIN: 222531774). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Subaru Of America Foundation Inc file IRS Form 990?
Yes, Subaru Of America Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202303.
What was Subaru Of America Foundation Inc's revenue in 2023?
In the 202303 filing period, Subaru Of America Foundation Inc reported total revenue of $199,525, total expenses of $1,024,815, and net assets of $5,380,410.
Is Subaru Of America Foundation Inc's revenue growing or declining?
Subaru Of America Foundation Inc's revenue is declining. Revenue went from $637,677 (202203) to $199,525 (202303), a -68.7% change. Based on 10 filings on record.
What is Subaru Of America Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Subaru Of America Foundation Inc covers tax period 202303. It shows revenue of $199,525, expenses of $1,024,815, total assets of $5,380,410, and liabilities of $1.
How much does Subaru Of America Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Subaru Of America Foundation Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Subaru Of America Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Subaru Of America Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Subaru Of America Foundation Inc's strengths?
Positive indicators for Subaru Of America Foundation Inc include: Strong program spending: The foundation consistently allocates a very high percentage of its expenses to programs, as indicated by the 'x' values relative to 'r' and 'a' in the filings.. Healthy asset base: With assets consistently in the millions (e.g., $4,500,446 in 2023), the foundation demonstrates financial stability.. Consistent revenue generation: Despite fluctuations, the foundation maintains a steady stream of revenue, supporting its ongoing initiatives.. These findings are derived from AI analysis of the organization's financial filings.
How does Subaru Of America Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reported compensation for key employees, indicating a volunteer or externally funded leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for compensation across multiple years, how does the Subaru Of America Foundation Inc. manage its executive and administrative functions without reported compensation?
The 'c0%' likely indicates that executive and administrative functions are either performed by volunteers, or the costs are absorbed by Subaru of America, Inc. as part of its corporate social responsibility, rather than being expensed directly by the foundation itself. This would allow the foundation to direct nearly all its funds to programs.
Filing History
IRS 990 filing history for Subaru Of America Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Subaru Of America Foundation Inc's revenue has declined by 62.2%, moving from $527K to $200K. Total assets increased by 140.3% over the same period, from $2.2M to $5.4M. Total functional expenses rose by 106.7%, from $496K to $1.0M. In its most recent filing year (2023), Subaru Of America Foundation Inc reported a deficit of $825K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $1.0M | $5.4M | $1 | — | View 990 |
| 2022 | $638K | $1.0M | $6.8M | $-449 | — | View 990 |
| 2021 | $577K | $2.0M | $7.5M | $-1,013 | — | View 990 |
| 2020 | $1.5M | $724K | $7.2M | $-38 | — | View 990 |
| 2019 | $1.5M | $1.5M | $7.3M | $-2,749 | — | View 990 |
| 2016 | $1.7M | $418K | $6.5M | $-2,158 | — | View 990 |
| 2015 | $2.1M | $627K | $5.5M | $2K | — | View 990 |
| 2014 | $1.4M | $533K | $4.1M | $3K | — | View 990 |
| 2013 | $1.2M | $532K | $3.1M | $486 | — | View 990 |
| 2012 | $527K | $496K | $2.2M | $276 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $1.0M, and assets of $5.4M (revenue -68.7% year-over-year).
- 2022: Revenue of $638K, expenses of $1.0M, and assets of $6.8M (revenue +10.4% year-over-year).
- 2021: Revenue of $577K, expenses of $2.0M, and assets of $7.5M (revenue -61.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $724K, and assets of $7.2M (revenue -3.1% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $7.3M (revenue -9.2% year-over-year).
- 2016: Revenue of $1.7M, expenses of $418K, and assets of $6.5M (revenue -18.7% year-over-year).
- 2015: Revenue of $2.1M, expenses of $627K, and assets of $5.5M (revenue +49.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $533K, and assets of $4.1M (revenue +11.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $532K, and assets of $3.1M (revenue +136.8% year-over-year).
- 2012: Revenue of $527K, expenses of $496K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Subaru Of America Foundation Inc:
Data Sources and Methodology
This transparency report for Subaru Of America Foundation 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.