Wachtell Lipton Rosen & Katz Foundation
Wachtell Lipton Rosen & Katz Foundation consistently grants more than its annual revenue, drawing from substantial assets.
EIN: 133099901 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.1M |
| Total Expenses | $6.2M |
| Program Spending | 95% |
| Net Assets | $31.9M |
| Transparency Score | 90/100 |
Is Wachtell Lipton Rosen & Katz Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wachtell Lipton Rosen & Katz Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wachtell Lipton Rosen & Katz Foundation
Wachtell Lipton Rosen & Katz Foundation (EIN: 133099901) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.1M and total assets of $34.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wachtell Lipton Rosen & Katz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wachtell Lipton Rosen & Katz Foundation is a mid-size nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $6.2M |
| Surplus / Deficit | $-877,353 |
| Total Assets | $31.9M |
| Total Liabilities | $1 |
| Net Assets | $31.9M |
| Operating Margin | -16.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 61.6 months |
Financial Health Grade: B
In 2023, Wachtell Lipton Rosen & Katz Foundation reported a deficit of $877K with expenses exceeding revenue, holds 61.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Wachtell Lipton Rosen & Katz Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.1% | -15.8% | +1.6% |
| 2022 | +48.3% | -6.6% | -12.3% |
| 2021 | +286.1% | +4.4% | +8.7% |
| 2020 | -43.1% | +75.1% | -13.6% |
| 2019 | -23.1% | +31.0% | +146.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Wachtell Lipton Rosen & Katz Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Wachtell Lipton Rosen & Katz Foundation 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 deficit of $877K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers from the foundation's funds, which is highly efficient for a charitable organization.
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 Wachtell Lipton Rosen & Katz Foundation's IRS 990 filings:
- Consistent operating deficits, where expenses exceed revenue, indicating reliance on asset drawdowns rather than sustainable annual income for operations.
Strengths
The following positive indicators were identified for Wachtell Lipton Rosen & Katz Foundation:
- Zero reported officer compensation, ensuring maximum funds for charitable programs.
- Substantial and stable asset base ($34,579,527) providing long-term financial security.
- Consistent history of significant grantmaking, often exceeding annual revenue.
- Minimal liabilities ($0 or $1 across all filings) indicating strong financial health and no debt burden.
Frequently Asked Questions about Wachtell Lipton Rosen & Katz Foundation
Is Wachtell Lipton Rosen & Katz Foundation a legitimate charity?
Wachtell Lipton Rosen & Katz Foundation (EIN: 133099901) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Wachtell Lipton Rosen & Katz Foundation spend its money?
Wachtell Lipton Rosen & Katz Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Wachtell Lipton Rosen & Katz Foundation tax-deductible?
Wachtell Lipton Rosen & Katz Foundation is registered as a tax-exempt nonprofit (EIN: 133099901). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wachtell Lipton Rosen & Katz Foundation located?
Wachtell Lipton Rosen & Katz Foundation is headquartered in New York, New York and files with the IRS under EIN 133099901.
How many years of IRS 990 filings does Wachtell Lipton Rosen & Katz Foundation have?
Wachtell Lipton Rosen & Katz Foundation 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 $8.1M in total revenue.
Is the Wachtell Lipton Rosen & Katz Foundation a good charity?
Based on the available data, the foundation appears to be a highly effective grantmaking entity. It consistently expends significant funds, often exceeding its annual revenue, to support its charitable mission, and reports no officer compensation, maximizing its programmatic impact.
How does the foundation manage its finances given frequent operating deficits?
The foundation manages operating deficits by drawing from its substantial asset base. For example, in 2023, expenses exceeded revenue by nearly $900,000, which was covered by its assets of over $31 million.
What is the primary financial strength of this foundation?
The primary financial strength is its large and stable asset base, currently at $34,579,527, which allows it to maintain high levels of grantmaking even when annual revenues fluctuate or are lower than expenses.
Filing History
IRS 990 filing history for Wachtell Lipton Rosen & Katz Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Wachtell Lipton Rosen & Katz Foundation's revenue has grown by 92.9%, moving from $2.8M to $5.3M. Total assets increased by 208.3% over the same period, from $10.3M to $31.9M. Total functional expenses rose by 231.1%, from $1.9M to $6.2M. In its most recent filing year (2023), Wachtell Lipton Rosen & Katz Foundation reported a deficit of $877K, with expenses exceeding revenue. The organization holds $1 in liabilities against $31.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $31.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $6.2M | $31.9M | $1 | — | View 990 |
| 2022 | $7.5M | $7.4M | $31.4M | $1 | — | View 990 |
| 2021 | $5.1M | $7.9M | $35.8M | $1 | — | View 990 |
| 2020 | $1.3M | $7.6M | $32.9M | $1 | — | — |
| 2019 | $2.3M | $4.3M | $38.1M | $0 | — | View 990 |
| 2015 | $3.0M | $3.3M | $15.5M | $0 | — | View 990 |
| 2014 | $3K | $3.0M | $16.4M | $0 | — | View 990 |
| 2013 | $10.0M | $1.9M | $18.4M | $0 | — | View 990 |
| 2012 | $3K | $751K | $9.6M | $0 | — | View 990 |
| 2011 | $2.8M | $1.9M | $10.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $6.2M, and assets of $31.9M (revenue -29.1% year-over-year).
- 2022: Revenue of $7.5M, expenses of $7.4M, and assets of $31.4M (revenue +48.3% year-over-year).
- 2021: Revenue of $5.1M, expenses of $7.9M, and assets of $35.8M (revenue +286.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $7.6M, and assets of $32.9M (revenue -43.1% year-over-year).
- 2019: Revenue of $2.3M, expenses of $4.3M, and assets of $38.1M (revenue -23.1% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.3M, and assets of $15.5M (revenue +87960.5% year-over-year).
- 2014: Revenue of $3K, expenses of $3.0M, and assets of $16.4M (revenue -100.0% year-over-year).
- 2013: Revenue of $10.0M, expenses of $1.9M, and assets of $18.4M (revenue +316674.9% year-over-year).
- 2012: Revenue of $3K, expenses of $751K, and assets of $9.6M (revenue -99.9% year-over-year).
- 2011: Revenue of $2.8M, expenses of $1.9M, and assets of $10.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wachtell Lipton Rosen & Katz Foundation:
Data Sources and Methodology
This transparency report for Wachtell Lipton Rosen & Katz Foundation 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.