Village Care Of New York Inc
Village Care Of New York Inc shows strong financial growth and zero reported officer compensation over the past decade.
EIN: 133854754 · New York, NY · NTEE: E210 · Updated: 2026-03-28
Is Village Care 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 →
Village Care Of New York Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Village Care Of New York Inc
Village Care Of New York Inc (EIN: 133854754) is a nonprofit organization based in New York, NY, classified under NTEE code E210. The organization reported total revenue of $46.5M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Care Of New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Village Care Of New York Inc with a Mission Score of 95 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Village Care Of New York Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size with revenues exceeding $30 million. This indicates either that executive roles are entirely volunteer-based or that compensation is structured in a way that is not reported under 'officer compensation' on the 990, warranting further investigation 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 Village Care Of New York Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this scale, which might warrant deeper inquiry into how leadership is compensated if not through traditional officer salaries.
Strengths
The following positive indicators were identified for Village Care Of New York Inc:
- Consistent revenue growth, increasing from $14.6M in 2014 to $32.2M in 2023.
- Strong asset growth, from $3.0M in 2014 to $27.4M in 2023, indicating financial stability.
- High spending efficiency, with expenses closely tracking revenue (e.g., $31.1M expenses vs. $32.2M revenue in 2023).
- Exceptional transparency regarding executive compensation, reporting 0% officer compensation across all filings.
- Positive net assets and manageable liabilities, demonstrating sound financial management.
Frequently Asked Questions about Village Care Of New York Inc
Is Village Care Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Care Of New York Inc (EIN: 133854754) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Village Care Of New York Inc spend its money?
Village Care Of New York Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Village Care Of New York Inc tax-deductible?
Village Care Of New York Inc is registered as a tax-exempt nonprofit (EIN: 133854754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Village Care Of New York Inc a good charity?
Based on the available IRS 990 data, Village Care Of New York Inc appears to be a very good charity. It demonstrates strong financial growth, efficient spending with expenses closely matching revenue, and a remarkable commitment to transparency by reporting 0% officer compensation for over a decade.
How has Village Care Of New York Inc's financial health changed over time?
Village Care Of New York Inc has shown significant financial growth and improved health. Revenue has more than doubled from $14.6 million in 2014 to $32.2 million in 2023, and assets have grown nearly tenfold from $3.0 million to $27.4 million in the same period, indicating robust expansion and asset accumulation.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's leadership may be entirely volunteer, or compensated through other means not categorized as 'officer compensation' on the 990. This practice, if truly volunteer-driven, indicates an exceptional dedication to directing funds towards the mission rather than executive salaries, enhancing donor confidence.
Filing History
IRS 990 filing history for Village Care Of New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Village Care Of New York Inc's revenue has grown by 165.1%, moving from $12.2M to $32.2M. Total assets increased by 1488.4% over the same period, from $1.7M to $27.5M. Total functional expenses rose by 156%, from $12.2M to $31.1M. In its most recent filing year (2023), Village Care Of New York Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $14.1M in liabilities against $27.5M in assets (debt-to-asset ratio: 51.4%), resulting in net assets of $13.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $32.2M | $31.1M | $27.5M | $14.1M | — | — |
| 2022 | $28.1M | $25.9M | $27.9M | $15.7M | — | View 990 |
| 2021 | $26.5M | $23.2M | $15.1M | $5.0M | — | View 990 |
| 2020 | $24.2M | $24.2M | $11.4M | $4.5M | — | View 990 |
| 2019 | $21.4M | $21.3M | $10.1M | $3.3M | — | View 990 |
| 2018 | $20.2M | $20.2M | $10.3M | $3.5M | — | View 990 |
| 2017 | $19.1M | $19.1M | $10.4M | $3.6M | — | View 990 |
| 2016 | $20.7M | $20.7M | $5.3M | $5.3M | — | View 990 |
| 2015 | $17.8M | $16.5M | $3.5M | $3.5M | — | View 990 |
| 2014 | $14.6M | $14.5M | $3.0M | $4.3M | — | View 990 |
| 2013 | $13.0M | $13.0M | $489K | $9.6M | — | View 990 |
| 2012 | $10.4M | $10.4M | $10.9M | $10.9M | — | View 990 |
| 2011 | $12.2M | $12.2M | $1.7M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32.2M, expenses of $31.1M, and assets of $27.5M (revenue +14.8% year-over-year).
- 2022: Revenue of $28.1M, expenses of $25.9M, and assets of $27.9M (revenue +6.0% year-over-year).
- 2021: Revenue of $26.5M, expenses of $23.2M, and assets of $15.1M (revenue +9.3% year-over-year).
- 2020: Revenue of $24.2M, expenses of $24.2M, and assets of $11.4M (revenue +13.2% year-over-year).
- 2019: Revenue of $21.4M, expenses of $21.3M, and assets of $10.1M (revenue +5.8% year-over-year).
- 2018: Revenue of $20.2M, expenses of $20.2M, and assets of $10.3M (revenue +5.8% year-over-year).
- 2017: Revenue of $19.1M, expenses of $19.1M, and assets of $10.4M (revenue -7.6% year-over-year).
- 2016: Revenue of $20.7M, expenses of $20.7M, and assets of $5.3M (revenue +16.4% year-over-year).
- 2015: Revenue of $17.8M, expenses of $16.5M, and assets of $3.5M (revenue +21.7% year-over-year).
- 2014: Revenue of $14.6M, expenses of $14.5M, and assets of $3.0M (revenue +12.2% year-over-year).
- 2013: Revenue of $13.0M, expenses of $13.0M, and assets of $489K (revenue +25.0% year-over-year).
- 2012: Revenue of $10.4M, expenses of $10.4M, and assets of $10.9M (revenue -14.3% year-over-year).
- 2011: Revenue of $12.2M, expenses of $12.2M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Village Care 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.