Union Settlement Assoc
Union Settlement Assoc maintains strong program spending with significant asset growth over the last decade.
EIN: 131632530 · New York, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30.7M |
| Total Expenses | $30.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $12.5M |
| Transparency Score | 88/100 |
Is Union Settlement Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Union Settlement Assoc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Union Settlement Assoc
Union Settlement Assoc (EIN: 131632530) is a nonprofit organization based in New York, NY, classified under NTEE code P200. The organization reported total revenue of $30.7M and total assets of $28.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union Settlement Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union Settlement Assoc is a large nonprofit that has been operating for 94 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.5M |
| Total Expenses | $30.0M |
| Surplus / Deficit | $-466,017 |
| Total Assets | $30.4M |
| Total Liabilities | $17.9M |
| Net Assets | $12.5M |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 58.9% |
| Months of Reserves | 12.2 months |
Financial Health Grade: C
In 2023, Union Settlement Assoc reported a deficit of $466K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 58.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Union Settlement Assoc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | +10.3% | +14.0% |
| 2022 | -25.6% | -16.0% | +23.2% |
| 2021 | +36.5% | +23.7% | +25.5% |
| 2020 | +2.5% | -0.2% | +46.9% |
| 2019 | +2.3% | -2.2% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1932 |
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 Union Settlement Assoc with a Mission Score of 88 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, Union Settlement Assoc 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 $466K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization of this size with over $30 million in revenue. This suggests that executive compensation is either not reported in this specific field, or that the highest-paid officers are compensated through other means not captured by this metric, requiring a deeper dive into Schedule J for a complete understanding of executive pay.
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 Union Settlement Assoc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and requires further investigation into Schedule J for full transparency.
Strengths
The following positive indicators were identified for Union Settlement Assoc:
- Strong program spending ratio (85% in 2023) indicating mission focus.
- Significant asset growth over the past decade, from $4.5M in 2014 to $30.4M in 2023, demonstrating financial stability.
- Consistent revenue generation, with latest revenue at $29.5 million.
- Low fundraising expense ratio, suggesting efficient resource allocation or stable funding sources.
- Consistent IRS 990 filing history, indicating good governance and compliance.
Frequently Asked Questions about Union Settlement Assoc
Is Union Settlement Assoc a legitimate charity?
Union Settlement Assoc (EIN: 131632530) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $30.7M. 1 red flag identified. 5 strengths noted. Financial health grade: C.
How does Union Settlement Assoc spend its money?
Union Settlement Assoc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Union Settlement Assoc tax-deductible?
Union Settlement Assoc is registered as a tax-exempt nonprofit (EIN: 131632530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Union Settlement Assoc CEO make?
Union Settlement Assoc's highest-compensated officer earns $30 annually. The organization reported $30.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Union Settlement Assoc's spending goes to programs?
Union Settlement Assoc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Union Settlement Assoc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Union Settlement Assoc is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Union Settlement Assoc located?
Union Settlement Assoc is headquartered in New York, New York and files with the IRS under EIN 131632530. It is classified under NTEE code P200.
How many years of IRS 990 filings does Union Settlement Assoc have?
Union Settlement Assoc 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 $30.7M in total revenue.
Is Union Settlement Assoc a good charity?
Based on its financial data, Union Settlement Assoc appears to be a good charity, demonstrating strong program spending (85% of expenses in 2023) and significant asset growth, indicating financial stability and a focus on its mission.
How has Union Settlement Assoc's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $4.5 million in 2014 to over $30 million in 2023, and liabilities being well-managed after a brief period in 2017 where they exceeded assets.
What is the organization's primary source of funding?
While not explicitly detailed in the provided summary, the consistent revenue levels and NTEE code (Human Services) suggest a reliance on government grants, program service fees, and potentially some public contributions.
Why is officer compensation reported as 0%?
The consistent reporting of 0% for officer compensation across all filings is unusual for an organization of this scale and warrants further investigation into Schedule J of their 990s to understand how executive compensation is reported.
Filing History
IRS 990 filing history for Union Settlement Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Union Settlement Assoc's revenue has grown by 44.4%, moving from $20.4M to $29.5M. Total assets increased by 523.9% over the same period, from $4.9M to $30.4M. Total functional expenses rose by 69.8%, from $17.6M to $30.0M. In its most recent filing year (2023), Union Settlement Assoc reported a deficit of $466K, with expenses exceeding revenue. The organization holds $17.9M in liabilities against $30.4M in assets (debt-to-asset ratio: 58.9%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.5M | $30.0M | $30.4M | $17.9M | — | — |
| 2022 | $28.4M | $27.2M | $26.7M | $14.9M | — | View 990 |
| 2021 | $38.2M | $32.3M | $21.7M | $10.1M | — | — |
| 2020 | $28.0M | $26.1M | $17.3M | $14.4M | — | View 990 |
| 2019 | $27.3M | $26.2M | $11.8M | $8.5M | — | View 990 |
| 2018 | $26.7M | $26.8M | $10.9M | $7.7M | — | View 990 |
| 2017 | $26.3M | $26.0M | $5.9M | $9.2M | — | View 990 |
| 2016 | $24.6M | $24.5M | $4.3M | $9.6M | — | View 990 |
| 2015 | $24.0M | $23.1M | $3.6M | $7.3M | — | View 990 |
| 2014 | $22.2M | $22.0M | $4.5M | $7.2M | — | View 990 |
| 2013 | $20.0M | $19.6M | $4.5M | $7.0M | — | View 990 |
| 2012 | $18.4M | $18.3M | $3.5M | $6.8M | — | View 990 |
| 2011 | $20.4M | $17.6M | $4.9M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.5M, expenses of $30.0M, and assets of $30.4M (revenue +3.9% year-over-year).
- 2022: Revenue of $28.4M, expenses of $27.2M, and assets of $26.7M (revenue -25.6% year-over-year).
- 2021: Revenue of $38.2M, expenses of $32.3M, and assets of $21.7M (revenue +36.5% year-over-year).
- 2020: Revenue of $28.0M, expenses of $26.1M, and assets of $17.3M (revenue +2.5% year-over-year).
- 2019: Revenue of $27.3M, expenses of $26.2M, and assets of $11.8M (revenue +2.3% year-over-year).
- 2018: Revenue of $26.7M, expenses of $26.8M, and assets of $10.9M (revenue +1.3% year-over-year).
- 2017: Revenue of $26.3M, expenses of $26.0M, and assets of $5.9M (revenue +7.2% year-over-year).
- 2016: Revenue of $24.6M, expenses of $24.5M, and assets of $4.3M (revenue +2.3% year-over-year).
- 2015: Revenue of $24.0M, expenses of $23.1M, and assets of $3.6M (revenue +8.2% year-over-year).
- 2014: Revenue of $22.2M, expenses of $22.0M, and assets of $4.5M (revenue +10.8% year-over-year).
- 2013: Revenue of $20.0M, expenses of $19.6M, and assets of $4.5M (revenue +9.0% year-over-year).
- 2012: Revenue of $18.4M, expenses of $18.3M, and assets of $3.5M (revenue -10.1% year-over-year).
- 2011: Revenue of $20.4M, expenses of $17.6M, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union Settlement Assoc:
Data Sources and Methodology
This transparency report for Union Settlement Assoc 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.