The Long Island Home
The Long Island Home consistently operates at a deficit with growing liabilities.
EIN: 112837244 · Amityville, NY · NTEE: F310 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $124.6M |
| Total Expenses | $116.9M |
| Program Spending | 80% |
| Net Assets | $-82,418,254 |
| Transparency Score | 55/100 |
Is The Long Island Home Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Long Island Home directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Long Island Home
The Long Island Home (EIN: 112837244) is a nonprofit organization based in Amityville, NY, classified under NTEE code F310. The organization reported total revenue of $124.6M and total assets of $78.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Long Island Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Long Island Home is a major nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107.8M |
| Total Expenses | $116.9M |
| Surplus / Deficit | $-9,119,167 |
| Total Assets | $79.7M |
| Total Liabilities | $162.1M |
| Net Assets | $-82,418,254 |
| Operating Margin | -8.5% |
| Debt-to-Asset Ratio | 203.5% |
| Months of Reserves | 8.2 months |
Financial Health Grade: C
In 2023, The Long Island Home reported a deficit of $9.1M with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 203.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Long Island Home's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +5.4% | -0.7% |
| 2022 | +8.4% | +4.7% | -7.3% |
| 2021 | +3.9% | -2.4% | +16.8% |
| 2020 | -6.1% | -1.5% | +1.4% |
| 2019 | +10.7% | +7.2% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Long Island Home with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Long Island Home allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $9.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 203.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filings, indicating that no compensation is paid to officers, which is a strong positive for financial stewardship.
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 Long Island Home's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) across all reported years.
- Significant and continuous increase in liabilities, from $91.48M in 2014 to $162.07M in 2023.
- Assets ($78.31M) are significantly lower than liabilities ($162.07M) in the latest period, indicating a negative net asset position.
Strengths
The following positive indicators were identified for The Long Island Home:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship in executive pay.
- Long history of IRS 990 filings (13 filings), suggesting transparency in reporting.
Frequently Asked Questions about The Long Island Home
Is The Long Island Home a legitimate charity?
The Long Island Home (EIN: 112837244) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $124.6M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does The Long Island Home spend its money?
The Long Island Home directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Long Island Home tax-deductible?
The Long Island Home is registered as a tax-exempt nonprofit (EIN: 112837244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Long Island Home's spending goes to programs?
The Long Island Home directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Long Island Home compare to similar nonprofits?
With a transparency score of 55/100 (Fair), The Long Island Home is near average for NTEE category F310 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Long Island Home located?
The Long Island Home is headquartered in Amityville, New York and files with the IRS under EIN 112837244. It is classified under NTEE code F310.
How many years of IRS 990 filings does The Long Island Home have?
The Long Island Home 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 $124.6M in total revenue.
Is The Long Island Home financially sustainable given its consistent operating deficits?
The Long Island Home has reported expenses exceeding revenue in every filing period from 2014 to 2023, indicating a persistent operating deficit. For example, in 2023, expenses were $116.87 million against revenues of $107.75 million. This trend raises significant concerns about its long-term financial sustainability.
Why have the organization's liabilities increased so significantly?
Liabilities have grown substantially from $91.48 million in 2014 to $162.07 million in 2023. This increase, alongside consistent operating losses, suggests the organization may be relying on debt to cover operational shortfalls or fund capital expenditures.
What is the impact of 0% officer compensation on the organization's operations?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size and revenue. While it suggests strong financial stewardship regarding executive pay, it might also indicate that key leadership roles are filled by volunteers or compensated through other means not categorized as 'officer compensation' on the 990.
Filing History
IRS 990 filing history for The Long Island Home showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Long Island Home's revenue has grown by 22.5%, moving from $87.9M to $107.8M. Total assets increased by 40.8% over the same period, from $56.6M to $79.7M. Total functional expenses rose by 29.4%, from $90.3M to $116.9M. In its most recent filing year (2023), The Long Island Home reported a deficit of $9.1M, with expenses exceeding revenue. The organization holds $162.1M in liabilities against $79.7M in assets (debt-to-asset ratio: 203.5%), resulting in net assets of $-82,418,254.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107.8M | $116.9M | $79.7M | $162.1M | — | — |
| 2022 | $101.1M | $110.9M | $80.2M | $153.5M | — | View 990 |
| 2021 | $93.3M | $105.9M | $86.5M | $135.2M | — | View 990 |
| 2020 | $89.8M | $108.5M | $74.1M | $119.1M | — | View 990 |
| 2019 | $95.6M | $110.1M | $73.1M | $99.6M | — | View 990 |
| 2018 | $86.3M | $102.8M | $69.5M | $86.5M | — | View 990 |
| 2017 | $141.2M | $134.5M | $85.5M | $86.0M | — | View 990 |
| 2016 | $118.1M | $123.7M | $105.3M | $113.0M | — | View 990 |
| 2015 | $104.4M | $114.4M | $98.7M | $101.1M | — | View 990 |
| 2014 | $97.1M | $112.1M | $98.8M | $91.5M | — | View 990 |
| 2013 | $94.4M | $86.5M | $99.5M | $77.3M | — | View 990 |
| 2012 | $89.3M | $100.4M | $86.2M | $73.1M | — | View 990 |
| 2011 | $87.9M | $90.3M | $56.6M | $66.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107.8M, expenses of $116.9M, and assets of $79.7M (revenue +6.6% year-over-year).
- 2022: Revenue of $101.1M, expenses of $110.9M, and assets of $80.2M (revenue +8.4% year-over-year).
- 2021: Revenue of $93.3M, expenses of $105.9M, and assets of $86.5M (revenue +3.9% year-over-year).
- 2020: Revenue of $89.8M, expenses of $108.5M, and assets of $74.1M (revenue -6.1% year-over-year).
- 2019: Revenue of $95.6M, expenses of $110.1M, and assets of $73.1M (revenue +10.7% year-over-year).
- 2018: Revenue of $86.3M, expenses of $102.8M, and assets of $69.5M (revenue -38.9% year-over-year).
- 2017: Revenue of $141.2M, expenses of $134.5M, and assets of $85.5M (revenue +19.6% year-over-year).
- 2016: Revenue of $118.1M, expenses of $123.7M, and assets of $105.3M (revenue +13.1% year-over-year).
- 2015: Revenue of $104.4M, expenses of $114.4M, and assets of $98.7M (revenue +7.6% year-over-year).
- 2014: Revenue of $97.1M, expenses of $112.1M, and assets of $98.8M (revenue +2.9% year-over-year).
- 2013: Revenue of $94.4M, expenses of $86.5M, and assets of $99.5M (revenue +5.6% year-over-year).
- 2012: Revenue of $89.3M, expenses of $100.4M, and assets of $86.2M (revenue +1.6% year-over-year).
- 2011: Revenue of $87.9M, expenses of $90.3M, and assets of $56.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Long Island Home:
Data Sources and Methodology
This transparency report for The Long Island Home 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.