The Workmens Circle Arbeter Ring Incorporated
Workmens Circle Arbeter Ring operates with consistent deficits despite substantial asset base.
EIN: 136178558 · New York, NY · NTEE: A230 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.8M |
| Total Expenses | $4.4M |
| Program Spending | 80% |
| Net Assets | $33.5M |
| Transparency Score | 70/100 |
Is The Workmens Circle Arbeter Ring Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Workmens Circle Arbeter Ring Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Workmens Circle Arbeter Ring Incorporated
The Workmens Circle Arbeter Ring Incorporated (EIN: 136178558) is a nonprofit organization based in New York, NY, classified under NTEE code A230. The organization reported total revenue of $15.8M and total assets of $36.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Workmens Circle Arbeter Ring Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Workmens Circle Arbeter Ring Incorporated is a large nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $4.4M |
| Surplus / Deficit | $-974,494 |
| Total Assets | $35.4M |
| Total Liabilities | $1.9M |
| Net Assets | $33.5M |
| Operating Margin | -28.7% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 97.3 months |
Financial Health Grade: B
In 2023, The Workmens Circle Arbeter Ring Incorporated reported a deficit of $974K with expenses exceeding revenue, holds 97.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Workmens Circle Arbeter Ring Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.8% | +10.8% | +0.8% |
| 2022 | -22.6% | +10.3% | -12.5% |
| 2021 | -89.6% | +3.8% | +11.2% |
| 2020 | +937.8% | -2.4% | +760.9% |
| 2019 | +6.8% | +1.9% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1965 |
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 Workmens Circle Arbeter Ring Incorporated with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Workmens Circle Arbeter Ring Incorporated 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 $974K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This suggests a highly volunteer-driven leadership or a structure where executive compensation is covered by other entities, which is unusual for an organization of this asset size.
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 Workmens Circle Arbeter Ring Incorporated's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $974,494 deficit in 2023).
- Significant reliance on asset base to cover ongoing expenses.
- Unexplained large one-time revenue and asset spike in 2020 without clear context in summary data.
Strengths
The following positive indicators were identified for The Workmens Circle Arbeter Ring Incorporated:
- Substantial asset base ($35,402,116 in 2023) providing financial stability.
- Consistently reports 0% officer compensation, indicating low executive overhead.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance.
Frequently Asked Questions about The Workmens Circle Arbeter Ring Incorporated
Is The Workmens Circle Arbeter Ring Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, The Workmens Circle Arbeter Ring Incorporated (EIN: 136178558) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does The Workmens Circle Arbeter Ring Incorporated spend its money?
The Workmens Circle Arbeter Ring Incorporated directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Workmens Circle Arbeter Ring Incorporated tax-deductible?
The Workmens Circle Arbeter Ring Incorporated is registered as a tax-exempt nonprofit (EIN: 136178558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Workmens Circle Arbeter Ring Incorporated's spending goes to programs?
The Workmens Circle Arbeter Ring Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Workmens Circle Arbeter Ring Incorporated compare to similar nonprofits?
With a transparency score of 70/100 (Good), The Workmens Circle Arbeter Ring Incorporated is above average for NTEE category A230 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Workmens Circle Arbeter Ring Incorporated located?
The Workmens Circle Arbeter Ring Incorporated is headquartered in New York, New York and files with the IRS under EIN 136178558. It is classified under NTEE code A230.
How many years of IRS 990 filings does The Workmens Circle Arbeter Ring Incorporated have?
The Workmens Circle Arbeter Ring Incorporated 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 $15.8M in total revenue.
Why has the organization consistently reported operational deficits in recent years?
The filings show expenses exceeding revenue in 2023 ($4.36M vs $3.39M), 2022 ($3.94M vs $2.51M), and 2021 ($3.57M vs $3.24M). This trend suggests a reliance on prior surpluses or asset drawdowns to cover annual operating costs.
What caused the significant increase in revenue and assets in 2020?
In 2020, revenue jumped to $31,362,602 from $3,021,965 in 2019, and assets increased from $4,194,616 to $36,111,011. This dramatic change likely indicates a major one-time event, such as a large bequest, endowment contribution, or asset transfer, rather than typical operational growth.
How does the organization sustain operations with consistent deficits and no reported officer compensation?
The consistent deficits suggest the organization is drawing from its substantial asset base to fund operations. The absence of officer compensation implies either a fully volunteer executive leadership or that executive salaries are covered by an affiliated entity, which would require further investigation to understand the full financial picture.
Filing History
IRS 990 filing history for The Workmens Circle Arbeter Ring Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Workmens Circle Arbeter Ring Incorporated's revenue has grown by 229.9%, moving from $1.0M to $3.4M. Total assets increased by 357% over the same period, from $7.7M to $35.4M. Total functional expenses rose by 96.6%, from $2.2M to $4.4M. In its most recent filing year (2023), The Workmens Circle Arbeter Ring Incorporated reported a deficit of $974K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $35.4M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $33.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $4.4M | $35.4M | $1.9M | — | — |
| 2022 | $2.5M | $3.9M | $35.1M | $2.6M | — | View 990 |
| 2021 | $3.2M | $3.6M | $40.2M | $2.0M | — | View 990 |
| 2020 | $31.4M | $3.4M | $36.1M | $2.0M | — | — |
| 2019 | $3.0M | $3.5M | $4.2M | $1.2M | — | View 990 |
| 2018 | $2.8M | $3.5M | $4.2M | $1.1M | — | View 990 |
| 2017 | $3.0M | $3.0M | $5.2M | $1.1M | — | View 990 |
| 2016 | $2.7M | $3.0M | $5.1M | $1.0M | — | View 990 |
| 2015 | $2.5M | $2.9M | $5.3M | $1.0M | — | View 990 |
| 2014 | $2.3M | $2.8M | $5.9M | $840K | — | View 990 |
| 2013 | $50.8M | $2.9M | $54.1M | $821K | — | View 990 |
| 2012 | $1.3M | $2.6M | $6.2M | $945K | — | View 990 |
| 2011 | $1.0M | $2.2M | $7.7M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $4.4M, and assets of $35.4M (revenue +34.8% year-over-year).
- 2022: Revenue of $2.5M, expenses of $3.9M, and assets of $35.1M (revenue -22.6% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.6M, and assets of $40.2M (revenue -89.6% year-over-year).
- 2020: Revenue of $31.4M, expenses of $3.4M, and assets of $36.1M (revenue +937.8% year-over-year).
- 2019: Revenue of $3.0M, expenses of $3.5M, and assets of $4.2M (revenue +6.8% year-over-year).
- 2018: Revenue of $2.8M, expenses of $3.5M, and assets of $4.2M (revenue -5.2% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.0M, and assets of $5.2M (revenue +10.3% year-over-year).
- 2016: Revenue of $2.7M, expenses of $3.0M, and assets of $5.1M (revenue +7.9% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.9M, and assets of $5.3M (revenue +7.7% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.8M, and assets of $5.9M (revenue -95.4% year-over-year).
- 2013: Revenue of $50.8M, expenses of $2.9M, and assets of $54.1M (revenue +3757.6% year-over-year).
- 2012: Revenue of $1.3M, expenses of $2.6M, and assets of $6.2M (revenue +28.1% year-over-year).
- 2011: Revenue of $1.0M, expenses of $2.2M, and assets of $7.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Workmens Circle Arbeter Ring Incorporated:
Data Sources and Methodology
This transparency report for The Workmens Circle Arbeter Ring Incorporated 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.