The Arnow Family Fund Inc
Arnow Family Fund consistently expends more than annual revenue, drawing from substantial assets to fund activities.
EIN: 133188773 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $3.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $38 |
| Net Assets | $40.0M |
| Transparency Score | 85/100 |
Is The Arnow Family Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Arnow Family Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Arnow Family Fund Inc
The Arnow Family Fund Inc (EIN: 133188773) is a nonprofit organization based in New York, NY. The organization reported total revenue of $7.2M and total assets of $38.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Arnow Family Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Arnow Family Fund Inc is a mid-size nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-2,708,218 |
| Total Assets | $40.0M |
| Total Liabilities | $1 |
| Net Assets | $40.0M |
| Operating Margin | -246.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 126.1 months |
Financial Health Grade: B
In 2023, The Arnow Family Fund Inc reported a deficit of $2.7M with expenses exceeding revenue, holds 126.1 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 (2011–2023), The Arnow Family Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.7% | -10.9% | -6.3% |
| 2022 | +276.6% | +69.7% | +84.7% |
| 2021 | +387.1% | -31.6% | +15.5% |
| 2020 | -6.8% | +51.1% | +1.2% |
| 2019 | +192.2% | +72.7% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 The Arnow Family Fund 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Arnow Family Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $2.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for a foundation of this size with assets exceeding $38 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 The Arnow Family Fund Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for The Arnow Family Fund Inc:
- Consistent zero officer compensation across all filings.
- Substantial and growing asset base, indicating financial stability.
- Expenses frequently exceeding revenue, suggesting active distribution of funds.
- Long history of consistent IRS 990 filings (10 filings).
Frequently Asked Questions about The Arnow Family Fund Inc
Is The Arnow Family Fund Inc a legitimate charity?
The Arnow Family Fund Inc (EIN: 133188773) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does The Arnow Family Fund Inc spend its money?
The Arnow Family Fund Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Arnow Family Fund Inc tax-deductible?
The Arnow Family Fund Inc is registered as a tax-exempt nonprofit (EIN: 133188773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Arnow Family Fund Inc CEO make?
The Arnow Family Fund Inc's highest-compensated officer earns $38 annually. The organization reported $7.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is The Arnow Family Fund Inc located?
The Arnow Family Fund Inc is headquartered in New York, New York and files with the IRS under EIN 133188773.
How many years of IRS 990 filings does The Arnow Family Fund Inc have?
The Arnow Family Fund 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 $7.2M in total revenue.
Is The Arnow Family Fund Inc a good charity?
Based on the available data, The Arnow Family Fund Inc appears to be a well-managed private foundation. Its consistent zero officer compensation and substantial asset base suggest a strong commitment to its mission, likely through grantmaking. The consistent spending exceeding revenue indicates active distribution of funds rather than accumulation.
What is the primary purpose of The Arnow Family Fund Inc?
As a 'Family Fund' and based on its financial patterns (significant expenses often exceeding revenue, substantial assets), its primary purpose is likely grantmaking and philanthropic distribution rather than direct program operation.
How has the organization's asset base changed over time?
The organization's assets have shown growth, from $21.8M in 2011 to $40.0M in 2023, with a peak of $42.7M in 2022. This indicates successful asset management and growth over the long term.
Does The Arnow Family Fund Inc rely on public donations?
Given its structure as a 'Family Fund' and the nature of its revenue fluctuations (e.g., $25M in 2022 vs. $1.1M in 2023), it is likely primarily funded by family contributions and investment returns, rather than broad public donations.
Filing History
IRS 990 filing history for The Arnow Family Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Arnow Family Fund Inc's revenue has grown by 96.7%, moving from $560K to $1.1M. Total assets increased by 82.9% over the same period, from $21.9M to $40.0M. Total functional expenses rose by 170.8%, from $1.4M to $3.8M. In its most recent filing year (2023), The Arnow Family Fund Inc reported a deficit of $2.7M, with expenses exceeding revenue. The organization holds $1 in liabilities against $40.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $40.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $3.8M | $40.0M | $1 | — | View 990 |
| 2022 | $25.3M | $4.3M | $42.7M | $1 | — | View 990 |
| 2021 | $6.7M | $2.5M | $23.1M | $1.4M | — | View 990 |
| 2020 | $1.4M | $3.7M | $20.0M | $2.5M | — | View 990 |
| 2019 | $1.5M | $2.4M | $19.8M | $0 | — | View 990 |
| 2015 | $507K | $1.4M | $20.2M | $0 | — | View 990 |
| 2014 | $1.5M | $1.5M | $21.1M | $0 | — | View 990 |
| 2013 | $1.3M | $1.4M | $21.1M | $0 | — | View 990 |
| 2012 | $784K | $1.5M | $21.2M | $0 | — | View 990 |
| 2011 | $560K | $1.4M | $21.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $3.8M, and assets of $40.0M (revenue -95.7% year-over-year).
- 2022: Revenue of $25.3M, expenses of $4.3M, and assets of $42.7M (revenue +276.6% year-over-year).
- 2021: Revenue of $6.7M, expenses of $2.5M, and assets of $23.1M (revenue +387.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $3.7M, and assets of $20.0M (revenue -6.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $2.4M, and assets of $19.8M (revenue +192.2% year-over-year).
- 2015: Revenue of $507K, expenses of $1.4M, and assets of $20.2M (revenue -65.3% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $21.1M (revenue +13.5% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.4M, and assets of $21.1M (revenue +64.1% year-over-year).
- 2012: Revenue of $784K, expenses of $1.5M, and assets of $21.2M (revenue +40.1% year-over-year).
- 2011: Revenue of $560K, expenses of $1.4M, and assets of $21.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Arnow Family Fund Inc:
Data Sources and Methodology
This transparency report for The Arnow Family Fund 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.