The Tikvah Fund

The Tikvah Fund consistently spends more than it earns, drawing down its assets by over $66 million in the last decade.

EIN: 133676152 · New York, NY · NTEE: B82 · Updated: 2026-03-28

$25.0MRevenue
$87.0MAssets
65/100Mission Score (Good)
B82
The Tikvah Fund Financial Summary
MetricValue
Total Revenue$25.0M
Total Expenses$22.8M
Program Spending70%
Net Assets$83.0M
Transparency Score65/100

Is The Tikvah Fund Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Tikvah Fund directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About The Tikvah Fund

The Tikvah Fund (EIN: 133676152) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $25.0M and total assets of $87.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Tikvah Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

1Years Operating
LargeSize Classification
10Years of Filings
MixedRevenue Trajectory

The Tikvah Fund is a large nonprofit that has been operating for 1 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$14.8M
Total Expenses$22.8M
Surplus / Deficit$-7,997,574
Total Assets$86.1M
Total Liabilities$3.0M
Net Assets$83.0M
Operating Margin-53.9%
Debt-to-Asset Ratio3.5%
Months of Reserves45.2 months

Financial Health Grade: B

In 2023, The Tikvah Fund reported a deficit of $8.0M with expenses exceeding revenue, holds 45.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), The Tikvah Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-25.3%+8.4%-1.5%
2022+46.8%+6.5%-10.8%
2021+115.9%+20.8%-5.0%
2020-7.9%-4.8%-9.2%
2019-16.5%+20.1%-23.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2025

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Tikvah Fund exhibits a consistent pattern of spending exceeding its revenue, as evidenced by the 202312 period where expenses were $22,841,569 against revenues of $14,843,995, and similar trends in prior years. This operational deficit has led to a significant decline in assets over the past decade, from $152,351,355 in 2011 to $86,056,647 in 2023. While the organization's liabilities remain relatively low compared to its assets, the sustained draw on its endowment raises questions about long-term financial sustainability if current spending patterns continue without a substantial increase in revenue. The organization's transparency regarding executive compensation is notable, with 0% reported for officer compensation across all available filings. This indicates that the highest-ranking individuals are not directly compensated through the organization's funds, which is a strong positive for transparency and resource allocation. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency is challenging. The consistent operational deficits suggest that the organization relies heavily on its accumulated assets to fund its activities. Given the substantial decline in assets and consistent operational deficits, the organization's financial health appears to be under pressure. While the lack of officer compensation is a positive transparency indicator, the long-term viability of funding operations primarily through asset depletion needs to be addressed. A more detailed breakdown of expenses would be necessary to fully evaluate spending efficiency and program focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Tikvah Fund with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, The Tikvah Fund allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$14.8MTotal Revenue
$22.8MTotal Expenses
$86.1MTotal Assets
$3.0MTotal Liabilities
$83.0MNet Assets
  • The organization reported a deficit of $8.0M, with expenses exceeding revenue.
  • Debt-to-asset ratio: 3.5%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not directly compensated by The Tikvah Fund, which is a strong positive for resource allocation and 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 The Tikvah Fund's IRS 990 filings:

  • Consistent operational deficits, with expenses exceeding revenue in most reported periods (e.g., 2023 expenses $22.8M vs. revenue $14.8M).
  • Significant decline in total assets over time, from $152.3M in 2011 to $86.0M in 2023, indicating reliance on endowment drawdowns.
  • Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.

Strengths

The following positive indicators were identified for The Tikvah Fund:

  • Zero reported officer compensation across all filings, indicating strong transparency and dedication of resources to the organization's mission.
  • Relatively low liabilities compared to assets, suggesting good financial management of debt.
  • Substantial asset base ($86.0M in 2023) provides a buffer despite consistent operational deficits.

Frequently Asked Questions about The Tikvah Fund

Is The Tikvah Fund a legitimate charity?

The Tikvah Fund (EIN: 133676152) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $25.0M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does The Tikvah Fund spend its money?

The Tikvah Fund directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to The Tikvah Fund tax-deductible?

The Tikvah Fund is registered as a tax-exempt nonprofit (EIN: 133676152). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of The Tikvah Fund's spending goes to programs?

The Tikvah Fund directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does The Tikvah Fund compare to similar nonprofits?

With a transparency score of 65/100 (Good), The Tikvah Fund is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Tikvah Fund located?

The Tikvah Fund is headquartered in New York, New York and files with the IRS under EIN 133676152. It is classified under NTEE code B82.

How many years of IRS 990 filings does The Tikvah Fund have?

The Tikvah Fund 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 $25.0M in total revenue.

Is The Tikvah Fund financially sustainable given its consistent operational deficits?

The Tikvah Fund has consistently spent more than its revenue, leading to a decline in assets from $152,351,355 in 2011 to $86,056,647 in 2023. This trend suggests a reliance on its endowment, raising concerns about long-term financial sustainability if not addressed.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided IRS 990 data does not include a detailed functional expense breakdown. Without this, it's difficult to precisely assess the organization's spending efficiency across programs, administration, and fundraising.

Why has the organization's revenue fluctuated significantly, such as the negative revenue in 2014?

Revenue has shown significant fluctuations, including a negative revenue of $-446,117 in 2014. This could be due to investment losses or specific accounting treatments, but the provided data does not offer a detailed explanation.

Filing History

IRS 990 filing history for The Tikvah Fund showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), The Tikvah Fund's revenue has grown by 48.4%, moving from $10.0M to $14.8M. Total assets decreased by 43.5% over the same period, from $152.4M to $86.1M. Total functional expenses rose by 63%, from $14.0M to $22.8M. In its most recent filing year (2023), The Tikvah Fund reported a deficit of $8.0M, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $86.1M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $83.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $14.8M $22.8M $86.1M $3.0M
2022 $19.9M $21.1M $87.4M $2.7M View 990
2021 $13.5M $19.8M $97.9M $2.5M View 990
2020 $6.3M $16.4M $103.0M $800K View 990
2019 $6.8M $17.2M $113.5M $519K
2015 $8.2M $14.3M $149.0M $233K View 990
2014 $-446,117 $14.5M $163.7M $181K View 990
2013 $17.2M $13.0M $167.8M $218K View 990
2012 $11.3M $13.5M $152.8M $1.3M View 990
2011 $10.0M $14.0M $152.4M $3.6M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $14.8M, expenses of $22.8M, and assets of $86.1M (revenue -25.3% year-over-year).
  • 2022: Revenue of $19.9M, expenses of $21.1M, and assets of $87.4M (revenue +46.8% year-over-year).
  • 2021: Revenue of $13.5M, expenses of $19.8M, and assets of $97.9M (revenue +115.9% year-over-year).
  • 2020: Revenue of $6.3M, expenses of $16.4M, and assets of $103.0M (revenue -7.9% year-over-year).
  • 2019: Revenue of $6.8M, expenses of $17.2M, and assets of $113.5M (revenue -16.5% year-over-year).
  • 2015: Revenue of $8.2M, expenses of $14.3M, and assets of $149.0M.
  • 2014: Revenue of $-446,117, expenses of $14.5M, and assets of $163.7M (revenue -102.6% year-over-year).
  • 2013: Revenue of $17.2M, expenses of $13.0M, and assets of $167.8M (revenue +51.9% year-over-year).
  • 2012: Revenue of $11.3M, expenses of $13.5M, and assets of $152.8M (revenue +13.3% year-over-year).
  • 2011: Revenue of $10.0M, expenses of $14.0M, and assets of $152.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Tikvah Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Tikvah Fund 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.

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