Tibet House Inc
Tibet House Inc. maintains stable finances with no reported executive compensation, though experienced a slight deficit in 2023.
EIN: 133438221 · New York, NY · NTEE: A230 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $4.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $6.2M |
| Transparency Score | 90/100 |
Is Tibet House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tibet House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tibet House Inc
Tibet House Inc (EIN: 133438221) is a nonprofit organization based in New York, NY, classified under NTEE code A230. The organization reported total revenue of $4.9M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tibet House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tibet House Inc is a mid-size 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 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $4.7M |
| Surplus / Deficit | $-157,549 |
| Total Assets | $6.7M |
| Total Liabilities | $473K |
| Net Assets | $6.2M |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 7.1% |
| Months of Reserves | 17.1 months |
Financial Health Grade: B
In 2023, Tibet House Inc reported a deficit of $158K with expenses exceeding revenue, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tibet House Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | +11.3% | -11.3% |
| 2022 | +27.9% | +28.4% | +2.4% |
| 2021 | +14.5% | +17.8% | -2.7% |
| 2020 | +19.1% | -3.7% | +15.8% |
| 2019 | +7.9% | +7.5% | -0.3% |
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 Tibet House Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Tibet House Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $158K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.1%.
Executive Compensation Analysis
Tibet House Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with assets over $7 million and annual revenues approaching $5 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 Tibet House Inc's IRS 990 filings:
- Slight deficit in the most recent fiscal period (202312), with expenses ($4,715,570) exceeding revenue ($4,558,021).
Strengths
The following positive indicators were identified for Tibet House Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in this area.
- General trend of increasing revenue and assets over the past decade, demonstrating financial growth.
- Healthy asset base ($7,148,914 latest) relative to liabilities, indicating strong financial stability.
- Consistent financial reporting over 13 filings, suggesting good transparency.
Frequently Asked Questions about Tibet House Inc
Is Tibet House Inc a legitimate charity?
Tibet House Inc (EIN: 133438221) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Tibet House Inc spend its money?
Tibet House Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tibet House Inc tax-deductible?
Tibet House Inc is registered as a tax-exempt nonprofit (EIN: 133438221). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tibet House Inc CEO make?
Tibet House Inc's highest-compensated officer earns $7 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tibet House Inc's spending goes to programs?
Tibet House Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tibet House Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Tibet House Inc 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 Tibet House Inc located?
Tibet House Inc is headquartered in New York, New York and files with the IRS under EIN 133438221. It is classified under NTEE code A230.
How many years of IRS 990 filings does Tibet House Inc have?
Tibet House Inc 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 $4.9M in total revenue.
Is Tibet House Inc. a good charity?
Based on the available IRS 990 data, Tibet House Inc. appears to be a financially responsible organization. Its consistent reporting of zero officer compensation is a strong positive indicator of its commitment to directing funds towards its mission. The organization generally maintains a healthy financial position with growing assets and manageable liabilities.
How does Tibet House Inc. manage its executive compensation?
Tibet House Inc. reports 0% officer compensation in all provided IRS 990 filings, meaning no salaries are paid to its officers. This is a significant strength in terms of financial efficiency and donor trust.
What is the financial trend of Tibet House Inc.?
Tibet House Inc. has shown a general trend of increasing revenue and assets over the past decade, from $2,696,851 revenue in 2019 to $4,558,021 in 2023, and assets from $6,547,953 to $6,701,605 in the same period. While there was a slight deficit in 2023 (expenses of $4,715,570 against revenue of $4,558,021), the overall trend indicates financial growth and stability.
Are there any concerns about Tibet House Inc.'s liabilities?
Tibet House Inc.'s liabilities have fluctuated, reaching a high of $1,015,363 in 2022, but generally remain a small fraction of its total assets (e.g., $472,758 in liabilities against $6,701,605 in assets in 2023). This indicates a healthy balance sheet with no apparent red flags regarding debt.
Filing History
IRS 990 filing history for Tibet House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tibet House Inc's revenue has grown by 60.7%, moving from $2.8M to $4.6M. Total assets increased by 7.6% over the same period, from $6.2M to $6.7M. Total functional expenses rose by 65.7%, from $2.8M to $4.7M. In its most recent filing year (2023), Tibet House Inc reported a deficit of $158K, with expenses exceeding revenue. The organization holds $473K in liabilities against $6.7M in assets (debt-to-asset ratio: 7.1%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $4.7M | $6.7M | $473K | — | — |
| 2022 | $4.7M | $4.2M | $7.6M | $1.0M | — | View 990 |
| 2021 | $3.7M | $3.3M | $7.4M | $1.0M | — | View 990 |
| 2020 | $3.2M | $2.8M | $7.6M | $978K | — | View 990 |
| 2019 | $2.7M | $2.9M | $6.5M | $352K | — | View 990 |
| 2018 | $2.5M | $2.7M | $6.6M | $214K | — | View 990 |
| 2017 | $2.8M | $2.6M | $6.9M | $235K | — | View 990 |
| 2016 | $2.3M | $2.5M | $6.6M | $205K | — | View 990 |
| 2015 | $2.6M | $2.5M | $6.8M | $145K | — | View 990 |
| 2014 | $3.1M | $2.4M | $6.7M | $199K | — | View 990 |
| 2013 | $2.1M | $2.1M | $6.0M | $177K | — | View 990 |
| 2012 | $2.2M | $2.5M | $6.0M | $181K | — | View 990 |
| 2011 | $2.8M | $2.8M | $6.2M | $183K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $4.7M, and assets of $6.7M (revenue -3.1% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.2M, and assets of $7.6M (revenue +27.9% year-over-year).
- 2021: Revenue of $3.7M, expenses of $3.3M, and assets of $7.4M (revenue +14.5% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.8M, and assets of $7.6M (revenue +19.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.9M, and assets of $6.5M (revenue +7.9% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.7M, and assets of $6.6M (revenue -10.0% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.6M, and assets of $6.9M (revenue +20.5% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.5M, and assets of $6.6M (revenue -11.8% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.5M, and assets of $6.8M (revenue -15.1% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.4M, and assets of $6.7M (revenue +46.9% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $6.0M (revenue -4.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.5M, and assets of $6.0M (revenue -22.6% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.8M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tibet House Inc:
Data Sources and Methodology
This transparency report for Tibet House 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.