Warburg Pincus Foundation

Warburg Pincus Foundation consistently reports 0% officer compensation amidst fluctuating revenues and assets.

EIN: 134148834 · New York, NY · NTEE: T22 · Updated: 2026-03-28

$8.9MRevenue
$449KAssets
85/100Mission Score (Excellent)
T22
Warburg Pincus Foundation Financial Summary
MetricValue
Total Revenue$8.9M
Total Expenses$6.4M
Program Spending90%
Net Assets$113K
Transparency Score85/100

Is Warburg Pincus Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Warburg Pincus Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Warburg Pincus Foundation

Warburg Pincus Foundation (EIN: 134148834) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $8.9M and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warburg Pincus Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

25Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Warburg Pincus Foundation is a mid-size nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$5.8M
Total Expenses$6.4M
Surplus / Deficit$-584,395
Total Assets$113K
Total Liabilities$1
Net Assets$113K
Operating Margin-10.0%
Debt-to-Asset Ratio0.0%
Months of Reserves0.2 months

Financial Health Grade: C

In 2023, Warburg Pincus Foundation reported a deficit of $584K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Warburg Pincus Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-35.5%-25.2%-83.8%
2022+26.6%+23.2%+194.3%
2021+8.3%+4.5%+288.8%
2020+208.6%+182.0%-52.7%
2019-1.6%+8.2%+12.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2001

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Warburg Pincus Foundation demonstrates consistent financial activity, with revenues and expenses fluctuating over the past decade. In the latest period (202311), the foundation reported revenues of $5,839,210 against expenses of $6,423,605, indicating a deficit for the year. This trend of expenses sometimes exceeding revenue is observed in several periods, such as 202011 ($6,600,325 revenue vs. $6,671,473 expenses) and 201911 ($2,139,045 revenue vs. $2,365,711 expenses). However, there are also periods of surplus, like 202211 ($9,050,000 revenue vs. $8,589,534 expenses). The organization consistently reports extremely low liabilities, often just $1, which suggests a strong balance sheet in terms of debt management. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, indicating that executive leadership is not drawing salaries from the foundation, which is a strong positive for donor confidence and efficiency. The foundation's assets have varied significantly, from a high of $5,014,479 in 201111 to a low of $60,940 in 202011, and currently stand at $113,027 in 202311, which is a substantial decrease from the $697,422 in 202211. This volatility in assets warrants further investigation to understand the underlying causes. While the 0% officer compensation is a significant strength for transparency and efficiency, the fluctuating asset base and occasional operational deficits suggest a need for careful monitoring of financial sustainability. The NTEE code T22 indicates a focus on private grantmaking foundations, which typically have different spending profiles than direct service charities. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the lack of officer compensation is a strong indicator of low administrative overhead in that specific area.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Warburg Pincus Foundation 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Warburg Pincus Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:

$5.8MTotal Revenue
$6.4MTotal Expenses
$113KTotal Assets
$1Total Liabilities
$113KNet Assets
  • The organization reported a deficit of $584K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for financial efficiency and donor trust.

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 Warburg Pincus Foundation's IRS 990 filings:

  • Significant year-over-year fluctuations in assets, from $697,422 in 202211 to $113,027 in 202311, warrant further scrutiny.
  • Expenses exceeded revenue in multiple periods (e.g., 202311, 202011, 201911), indicating operational deficits for those years.

Strengths

The following positive indicators were identified for Warburg Pincus Foundation:

  • Consistent 0% officer compensation across all reported periods, indicating high efficiency in executive overhead.
  • Extremely low liabilities (often $1) across all filings, suggesting strong financial management and minimal debt.
  • Consistent filing of IRS 990s over a decade, demonstrating transparency in reporting.

Frequently Asked Questions about Warburg Pincus Foundation

Is Warburg Pincus Foundation a legitimate charity?

Warburg Pincus Foundation (EIN: 134148834) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.9M. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Warburg Pincus Foundation spend its money?

Warburg Pincus Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Warburg Pincus Foundation tax-deductible?

Warburg Pincus Foundation is registered as a tax-exempt nonprofit (EIN: 134148834). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Warburg Pincus Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Warburg Pincus Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Warburg Pincus Foundation located?

Warburg Pincus Foundation is headquartered in New York, New York and files with the IRS under EIN 134148834. It is classified under NTEE code T22.

How many years of IRS 990 filings does Warburg Pincus Foundation have?

Warburg Pincus 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 $8.9M in total revenue.

Is Warburg Pincus Foundation a good charity?

Based on the available IRS 990 data, the Warburg Pincus Foundation exhibits strong financial transparency regarding executive compensation, consistently reporting 0% officer pay. This is a significant positive indicator. However, without detailed program spending breakdowns, a full assessment of its effectiveness in achieving its mission is limited. Its consistent low liabilities are also a strength.

Why do assets fluctuate so much?

The foundation's assets have shown significant volatility, from $5,014,479 in 201111 to $60,940 in 202011, and currently $113,027 in 202311. This could be due to large grant distributions, investment performance, or significant changes in contributions received. Further investigation into the foundation's investment strategies and grantmaking patterns would be needed to understand these fluctuations.

Does the foundation have a sustainable financial model?

The foundation has experienced periods where expenses exceeded revenue, such as in 202311 ($6,423,605 expenses vs. $5,839,210 revenue) and 202011 ($6,671,473 expenses vs. $6,600,325 revenue). While not uncommon for foundations to draw from endowments, consistent deficits without a clear strategy could raise questions about long-term sustainability, especially with fluctuating asset levels.

Filing History

IRS 990 filing history for Warburg Pincus Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Warburg Pincus Foundation's revenue has declined by 11.5%, moving from $6.6M to $5.8M. Total assets decreased by 97.7% over the same period, from $5.0M to $113K. Total functional expenses rose by 176.8%, from $2.3M to $6.4M. In its most recent filing year (2023), Warburg Pincus Foundation reported a deficit of $584K, with expenses exceeding revenue. The organization holds $1 in liabilities against $113K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $113K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $5.8M $6.4M $113K $1
2022 $9.1M $8.6M $697K $1 View 990
2021 $7.2M $7.0M $237K $1 View 990
2020 $6.6M $6.7M $61K $1 View 990
2019 $2.1M $2.4M $129K $1
2015 $2.2M $2.2M $115K $1 View 990
2014 $1.1M $2.6M $127K $1 View 990
2013 $931K $2.0M $1.6M $1 View 990
2012 $715K $3.1M $2.6M $1 View 990
2011 $6.6M $2.3M $5.0M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $5.8M, expenses of $6.4M, and assets of $113K (revenue -35.5% year-over-year).
  • 2022: Revenue of $9.1M, expenses of $8.6M, and assets of $697K (revenue +26.6% year-over-year).
  • 2021: Revenue of $7.2M, expenses of $7.0M, and assets of $237K (revenue +8.3% year-over-year).
  • 2020: Revenue of $6.6M, expenses of $6.7M, and assets of $61K (revenue +208.6% year-over-year).
  • 2019: Revenue of $2.1M, expenses of $2.4M, and assets of $129K (revenue -1.6% year-over-year).
  • 2015: Revenue of $2.2M, expenses of $2.2M, and assets of $115K (revenue +89.0% year-over-year).
  • 2014: Revenue of $1.1M, expenses of $2.6M, and assets of $127K (revenue +23.5% year-over-year).
  • 2013: Revenue of $931K, expenses of $2.0M, and assets of $1.6M (revenue +30.1% year-over-year).
  • 2012: Revenue of $715K, expenses of $3.1M, and assets of $2.6M (revenue -89.2% year-over-year).
  • 2011: Revenue of $6.6M, expenses of $2.3M, and assets of $5.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Warburg Pincus Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Warburg Pincus 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.

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