United Neighborhood Houses Of New York Inc
United Neighborhood Houses Of New York Inc shows consistent asset growth and generally balanced operations, with a minor operating deficit in 2023.
EIN: 135563409 · New York, NY · NTEE: P28C · Updated: 2026-03-28
Is United Neighborhood Houses Of New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Neighborhood Houses Of New York Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Neighborhood Houses Of New York Inc
United Neighborhood Houses Of New York Inc (EIN: 135563409) is a nonprofit organization based in New York, NY, classified under NTEE code P28C. The organization reported total revenue of $11.0M and total assets of $16.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Neighborhood Houses Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Neighborhood Houses Of New York Inc is a large nonprofit that has been operating for 95 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $6.2M |
| Surplus / Deficit | $-60,838 |
| Total Assets | $12.8M |
| Total Liabilities | $1.5M |
| Net Assets | $11.3M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 24.6 months |
Financial Health Grade: B
In 2023, United Neighborhood Houses Of New York Inc reported a deficit of $61K with expenses exceeding revenue, holds 24.6 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), United Neighborhood Houses Of New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.1% | -5.5% | -2.6% |
| 2022 | +14.6% | +9.5% | -6.5% |
| 2021 | +18.8% | +47.9% | +7.7% |
| 2020 | +53.6% | +15.9% | +17.5% |
| 2019 | -16.6% | +3.3% | +15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1931 |
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 United Neighborhood Houses Of New York Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, United Neighborhood Houses Of New York Inc 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 $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $6 million in annual expenses. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within the financial statements, requiring further scrutiny for full 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 United Neighborhood Houses Of New York Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration if it's categorized elsewhere.
Strengths
The following positive indicators were identified for United Neighborhood Houses Of New York Inc:
- Consistent asset growth, increasing from $8.9M in 2014 to $12.8M in 2023.
- Strong asset base relative to liabilities, indicating financial stability.
- Generally positive operating margins in most years, demonstrating effective financial management.
- Significant revenue growth over the past decade, nearly doubling since 2014.
Frequently Asked Questions about United Neighborhood Houses Of New York Inc
Is United Neighborhood Houses Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United Neighborhood Houses Of New York Inc (EIN: 135563409) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does United Neighborhood Houses Of New York Inc spend its money?
United Neighborhood Houses Of New York Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United Neighborhood Houses Of New York Inc tax-deductible?
United Neighborhood Houses Of New York Inc is registered as a tax-exempt nonprofit (EIN: 135563409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is United Neighborhood Houses Of New York Inc a good charity?
Based on its consistent asset growth, generally balanced financial operations, and low reported liabilities, it appears to be a financially stable organization. The consistent 0% officer compensation is a point of inquiry, but overall, it demonstrates good financial stewardship.
What caused the operating deficit in 2023?
In 2023, the organization reported expenses of $6,249,656 against revenues of $6,188,818, resulting in a deficit of $60,838. The specific causes are not detailed in the summary data, but it represents a slight increase in spending relative to income for that period.
How has the organization's revenue trended over the last decade?
Revenue has generally increased, from $2,987,701 in 2014 to $6,188,818 in 2023, indicating significant growth in its financial capacity and operations over the past decade.
Filing History
IRS 990 filing history for United Neighborhood Houses Of New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Neighborhood Houses Of New York Inc's revenue has grown by 115.8%, moving from $2.9M to $6.2M. Total assets increased by 94.5% over the same period, from $6.6M to $12.8M. Total functional expenses rose by 135.7%, from $2.7M to $6.2M. In its most recent filing year (2023), United Neighborhood Houses Of New York Inc reported a deficit of $61K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $12.8M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $11.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $6.2M | $12.8M | $1.5M | — | — |
| 2022 | $7.5M | $6.6M | $13.2M | $1.8M | — | — |
| 2021 | $6.5M | $6.0M | $14.1M | $332K | — | View 990 |
| 2020 | $5.5M | $4.1M | $13.1M | $638K | — | — |
| 2019 | $3.6M | $3.5M | $11.1M | $294K | — | View 990 |
| 2018 | $4.3M | $3.4M | $9.6M | $423K | — | View 990 |
| 2017 | $3.4M | $3.3M | $10.4M | $310K | — | View 990 |
| 2016 | $3.1M | $3.3M | $9.2M | $209K | — | View 990 |
| 2015 | $3.6M | $2.9M | $9.1M | $327K | — | View 990 |
| 2014 | $3.0M | $2.7M | $8.9M | $279K | — | View 990 |
| 2013 | $2.9M | $2.9M | $8.6M | $291K | — | View 990 |
| 2012 | $3.3M | $3.0M | $7.3M | $224K | — | View 990 |
| 2011 | $2.9M | $2.7M | $6.6M | $221K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $6.2M, and assets of $12.8M (revenue -17.1% year-over-year).
- 2022: Revenue of $7.5M, expenses of $6.6M, and assets of $13.2M (revenue +14.6% year-over-year).
- 2021: Revenue of $6.5M, expenses of $6.0M, and assets of $14.1M (revenue +18.8% year-over-year).
- 2020: Revenue of $5.5M, expenses of $4.1M, and assets of $13.1M (revenue +53.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.5M, and assets of $11.1M (revenue -16.6% year-over-year).
- 2018: Revenue of $4.3M, expenses of $3.4M, and assets of $9.6M (revenue +26.5% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.3M, and assets of $10.4M (revenue +10.1% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.3M, and assets of $9.2M (revenue -15.2% year-over-year).
- 2015: Revenue of $3.6M, expenses of $2.9M, and assets of $9.1M (revenue +21.3% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.7M, and assets of $8.9M (revenue +2.2% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.9M, and assets of $8.6M (revenue -12.0% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.0M, and assets of $7.3M (revenue +15.9% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.7M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Neighborhood Houses Of New York Inc:
Data Sources and Methodology
This transparency report for United Neighborhood Houses Of New York 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.