Webb Institute
Webb Institute maintains strong asset base and zero officer compensation amidst fluctuating revenues.
EIN: 111630912 · Glen Cove, NY · NTEE: B500 · Updated: 2026-03-28
Is Webb Institute Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Webb Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Webb Institute
Webb Institute (EIN: 111630912) is a nonprofit organization based in Glen Cove, NY, classified under NTEE code B500. The organization reported total revenue of $28.6M and total assets of $101.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Webb Institute'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 Webb Institute 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Webb Institute allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Webb Institute consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is highly unusual and suggests a strong commitment to directing all funds towards its educational mission.
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 Webb Institute:
- Substantial and growing asset base, reaching $101,876,182 in the latest period, providing financial stability.
- Consistent reporting of 0% officer compensation, indicating high efficiency and transparency in executive pay.
- Relatively stable expense management despite significant revenue fluctuations, demonstrating fiscal prudence.
- Strong program focus implied by the absence of officer compensation, suggesting resources are directed to mission.
Frequently Asked Questions about Webb Institute
Is Webb Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Webb Institute (EIN: 111630912) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Webb Institute spend its money?
Webb Institute directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Webb Institute tax-deductible?
Webb Institute is registered as a tax-exempt nonprofit (EIN: 111630912). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Webb Institute a good charity?
Based on the provided data, Webb Institute appears to be a financially sound organization with a strong commitment to its mission, evidenced by its substantial assets, consistent expense management, and zero officer compensation. These factors suggest it is a well-managed and efficient nonprofit.
How does Webb Institute manage its finances given fluctuating revenues?
Despite significant year-over-year revenue fluctuations (e.g., $26.4M in 2022 vs. $12.3M in 2023), Webb Institute has maintained relatively stable expenses, typically between $12M and $15M. This suggests effective budgeting and a reliance on its substantial asset base ($101.8M in latest filing) to absorb revenue volatility and ensure operational continuity.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a highly positive indicator of financial transparency and efficiency. It means that no funds are allocated from the organization's budget for the salaries or benefits of its officers, which is rare for an organization of its size and asset base. This practice maximizes the proportion of funds available for program services.
Filing History
IRS 990 filing history for Webb Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Webb Institute's revenue has grown by 90.9%, moving from $6.5M to $12.3M. Total assets increased by 60.5% over the same period, from $61.1M to $98.1M. Total functional expenses rose by 121.3%, from $6.8M to $15.1M. In its most recent filing year (2023), Webb Institute reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $5.8M in liabilities against $98.1M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $92.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $15.1M | $98.1M | $5.8M | — | — |
| 2022 | $26.5M | $14.5M | $95.0M | $5.8M | — | View 990 |
| 2021 | $22.6M | $13.7M | $109.0M | $5.9M | — | — |
| 2020 | $12.5M | $12.8M | $91.5M | $6.1M | — | View 990 |
| 2019 | $14.4M | $12.9M | $92.3M | $2.7M | — | View 990 |
| 2018 | $21.6M | $12.4M | $88.4M | $736K | — | View 990 |
| 2017 | $12.5M | $11.7M | $78.2M | $556K | — | View 990 |
| 2016 | $19.5M | $11.6M | $71.4M | $552K | — | View 990 |
| 2015 | $13.3M | $11.3M | $65.8M | $480K | — | View 990 |
| 2014 | $11.4M | $11.5M | $67.3M | $490K | — | View 990 |
| 2013 | $7.7M | $7.2M | $64.5M | $1.8M | — | View 990 |
| 2012 | $9.5M | $6.7M | $60.8M | $1.7M | — | View 990 |
| 2011 | $6.5M | $6.8M | $61.1M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $15.1M, and assets of $98.1M (revenue -53.4% year-over-year).
- 2022: Revenue of $26.5M, expenses of $14.5M, and assets of $95.0M (revenue +17.3% year-over-year).
- 2021: Revenue of $22.6M, expenses of $13.7M, and assets of $109.0M (revenue +80.0% year-over-year).
- 2020: Revenue of $12.5M, expenses of $12.8M, and assets of $91.5M (revenue -13.3% year-over-year).
- 2019: Revenue of $14.4M, expenses of $12.9M, and assets of $92.3M (revenue -33.1% year-over-year).
- 2018: Revenue of $21.6M, expenses of $12.4M, and assets of $88.4M (revenue +73.1% year-over-year).
- 2017: Revenue of $12.5M, expenses of $11.7M, and assets of $78.2M (revenue -35.9% year-over-year).
- 2016: Revenue of $19.5M, expenses of $11.6M, and assets of $71.4M (revenue +46.5% year-over-year).
- 2015: Revenue of $13.3M, expenses of $11.3M, and assets of $65.8M (revenue +16.2% year-over-year).
- 2014: Revenue of $11.4M, expenses of $11.5M, and assets of $67.3M (revenue +48.5% year-over-year).
- 2013: Revenue of $7.7M, expenses of $7.2M, and assets of $64.5M (revenue -18.6% year-over-year).
- 2012: Revenue of $9.5M, expenses of $6.7M, and assets of $60.8M (revenue +46.5% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.8M, and assets of $61.1M.
Data Sources and Methodology
This transparency report for Webb Institute 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.