Van Beuren Charitable Foundation Inc
Van Beuren Charitable Foundation: Strong Asset Base, Consistent Grantmaking
EIN: 222773769 · Newport, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $46.8M |
| Total Expenses | $17.5M |
| Program Spending | 95% |
| Net Assets | $342.9M |
| Transparency Score | 85/100 |
Is Van Beuren Charitable Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Van Beuren Charitable Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Van Beuren Charitable Foundation Inc
Van Beuren Charitable Foundation Inc (EIN: 222773769) is a nonprofit organization based in Newport, RI. The organization reported total revenue of $46.8M and total assets of $378.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Van Beuren Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Van Beuren Charitable Foundation Inc is a large nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.9M |
| Total Expenses | $17.5M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $343.3M |
| Total Liabilities | $445K |
| Net Assets | $342.9M |
| Operating Margin | 12.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 235.4 months |
Financial Health Grade: A
In 2023, Van Beuren Charitable Foundation Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 235.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Van Beuren Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.7% | -23.6% | +12.2% |
| 2022 | -42.1% | +22.9% | -20.0% |
| 2021 | +86.4% | +45.1% | +12.1% |
| 2020 | -13.7% | +2.2% | +18.5% |
| 2019 | +52.1% | +42.1% | +30.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Van Beuren Charitable Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Van Beuren Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reported compensation for key employees, which is highly favorable.
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.
Strengths
The following positive indicators were identified for Van Beuren Charitable Foundation Inc:
- Substantial asset base of $378,243,977 (2023) provides long-term stability for grantmaking.
- Consistent revenue generation, with $46,789,852 in 2023, supports ongoing philanthropic activities.
- Zero reported fundraising costs demonstrate efficient operations and direct impact.
- Significant program expenditures, such as $17,501,106 in 2023, indicate a strong commitment to mission.
- Low liabilities ($444,908 in 2023) relative to assets suggests sound financial management.
Frequently Asked Questions about Van Beuren Charitable Foundation Inc
Is Van Beuren Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Van Beuren Charitable Foundation Inc (EIN: 222773769) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Van Beuren Charitable Foundation Inc spend its money?
Van Beuren Charitable Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Van Beuren Charitable Foundation Inc tax-deductible?
Van Beuren Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222773769). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Van Beuren Charitable Foundation Inc located?
Van Beuren Charitable Foundation Inc is headquartered in Newport, Rhode Island and files with the IRS under EIN 222773769.
How many years of IRS 990 filings does Van Beuren Charitable Foundation Inc have?
Van Beuren Charitable Foundation Inc 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 $46.8M in total revenue.
What does Van Beuren Charitable Foundation Inc do?
Van Beuren Charitable Foundation Inc is a nonprofit organization in the Unknown sector, located in Newport, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Van Beuren Charitable Foundation Inc have?
Van Beuren Charitable Foundation Inc reported total revenue of $46,789,852. Based on 10 IRS 990 filings on record.
What are Van Beuren Charitable Foundation Inc's total assets?
Van Beuren Charitable Foundation Inc holds total assets of $378,243,977 as reported in IRS 990 filings.
Where is Van Beuren Charitable Foundation Inc located?
Van Beuren Charitable Foundation Inc is based in Newport, Rhode Island.
What is Van Beuren Charitable Foundation Inc's EIN?
Van Beuren Charitable Foundation Inc's Employer Identification Number (EIN) is 222773769. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Van Beuren Charitable Foundation Inc?
Van Beuren Charitable Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Van Beuren Charitable Foundation Inc a registered 501(c)(3)?
Van Beuren Charitable Foundation Inc appears in IRS records (EIN: 222773769). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Van Beuren Charitable Foundation Inc file IRS Form 990?
Yes, Van Beuren Charitable Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Van Beuren Charitable Foundation Inc's revenue in 2023?
In the 202312 filing period, Van Beuren Charitable Foundation Inc reported total revenue of $19,913,246, total expenses of $17,501,106, and net assets of $343,313,671.
Is Van Beuren Charitable Foundation Inc's revenue growing or declining?
Van Beuren Charitable Foundation Inc's revenue is declining. Revenue went from $28,721,513 (202212) to $19,913,246 (202312), a -30.7% change. Based on 10 filings on record.
What is Van Beuren Charitable Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Van Beuren Charitable Foundation Inc covers tax period 202312. It shows revenue of $19,913,246, expenses of $17,501,106, total assets of $343,313,671, and liabilities of $444,908.
How much does Van Beuren Charitable Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Van Beuren Charitable Foundation Inc allocates approximately 95% of expenses to program services, 5% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Van Beuren Charitable Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Van Beuren Charitable Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Van Beuren Charitable Foundation Inc's strengths?
Positive indicators for Van Beuren Charitable Foundation Inc include: Substantial asset base of $378,243,977 (2023) provides long-term stability for grantmaking.. Consistent revenue generation, with $46,789,852 in 2023, supports ongoing philanthropic activities.. Zero reported fundraising costs demonstrate efficient operations and direct impact.. Significant program expenditures, such as $17,501,106 in 2023, indicate a strong commitment to mission.. Low liabilities ($444,908 in 2023) relative to assets suggests sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Van Beuren Charitable Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no reported compensation for key employees, which is highly favorable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for compensation across multiple years, does the foundation rely solely on volunteer leadership or are there uncompensated staff, and how does this impact operational capacity?
The 'c0%' likely indicates that no compensation is reported for key employees on the 990, which could mean volunteer leadership, staff compensated by a related entity, or a unique operational model. This structure could either maximize funds for programs or potentially limit the scope of operations if professional staff are not adequately supported.
With a substantial asset base and consistent revenue, what is the foundation's strategy for endowment growth versus immediate grantmaking, and how does this balance impact its long-term philanthropic goals?
The foundation appears to maintain a robust endowment while also making significant annual grants. The balance between asset growth and grantmaking likely aims to ensure perpetual funding for its mission while addressing current needs. A detailed strategy would reveal how they project future grant capacity based on investment returns and spending policies.
Filing History
IRS 990 filing history for Van Beuren Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Van Beuren Charitable Foundation Inc's revenue has grown by 18.9%, moving from $16.8M to $19.9M. Total assets increased by 81.4% over the same period, from $189.3M to $343.3M. Total functional expenses rose by 211.4%, from $5.6M to $17.5M. In its most recent filing year (2023), Van Beuren Charitable Foundation Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $445K in liabilities against $343.3M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $342.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.9M | $17.5M | $343.3M | $445K | — | View 990 |
| 2022 | $28.7M | $22.9M | $306.0M | $207K | — | View 990 |
| 2021 | $49.6M | $18.6M | $382.3M | $199K | — | View 990 |
| 2020 | $26.6M | $12.9M | $341.1M | $76K | — | View 990 |
| 2019 | $30.8M | $12.6M | $287.9M | $84K | — | — |
| 2015 | $20.3M | $8.8M | $220.7M | $68K | — | View 990 |
| 2014 | $25.6M | $8.2M | $227.1M | $22K | — | View 990 |
| 2013 | $20.4M | $7.0M | $220.3M | $111K | — | View 990 |
| 2012 | $17.2M | $4.5M | $200.9M | $123K | — | View 990 |
| 2011 | $16.8M | $5.6M | $189.3M | $169K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.9M, expenses of $17.5M, and assets of $343.3M (revenue -30.7% year-over-year).
- 2022: Revenue of $28.7M, expenses of $22.9M, and assets of $306.0M (revenue -42.1% year-over-year).
- 2021: Revenue of $49.6M, expenses of $18.6M, and assets of $382.3M (revenue +86.4% year-over-year).
- 2020: Revenue of $26.6M, expenses of $12.9M, and assets of $341.1M (revenue -13.7% year-over-year).
- 2019: Revenue of $30.8M, expenses of $12.6M, and assets of $287.9M (revenue +52.1% year-over-year).
- 2015: Revenue of $20.3M, expenses of $8.8M, and assets of $220.7M (revenue -20.7% year-over-year).
- 2014: Revenue of $25.6M, expenses of $8.2M, and assets of $227.1M (revenue +25.4% year-over-year).
- 2013: Revenue of $20.4M, expenses of $7.0M, and assets of $220.3M (revenue +18.2% year-over-year).
- 2012: Revenue of $17.2M, expenses of $4.5M, and assets of $200.9M (revenue +2.9% year-over-year).
- 2011: Revenue of $16.8M, expenses of $5.6M, and assets of $189.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Van Beuren Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Van Beuren Charitable Foundation 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.