Widgeon Point Charitable Foundation
Widgeon Point Charitable Foundation reports fluctuating revenues and consistent zero officer compensation.
EIN: 136201175 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.9M |
| Total Expenses | $5.0M |
| Program Spending | 75% |
| Net Assets | $39.2M |
| Transparency Score | 70/100 |
Is Widgeon Point Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Widgeon Point Charitable Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Widgeon Point Charitable Foundation
Widgeon Point Charitable Foundation (EIN: 136201175) is a nonprofit organization based in New York, NY. The organization reported total revenue of $28.9M and total assets of $36.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Widgeon Point Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Widgeon Point Charitable Foundation is a large nonprofit that has been operating for 60 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.1M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$3.1M |
| Total Assets | $39.2M |
| Total Liabilities | $1 |
| Net Assets | $39.2M |
| Operating Margin | 38.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 94.1 months |
Financial Health Grade: A
In 2023, Widgeon Point Charitable Foundation reported a surplus of $3.1M with revenue exceeding expenses, holds 94.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Widgeon Point Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +869.3% | +1.3% | +8.6% |
| 2022 | -85.9% | +13.8% | -39.2% |
| 2021 | +191.8% | +20.4% | +9.8% |
| 2020 | +35.4% | -8.9% | +27.3% |
| 2019 | -44.3% | -4.2% | -8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Widgeon Point Charitable Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Widgeon Point Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $3.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Widgeon Point Charitable Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and resource allocation.
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 Widgeon Point Charitable Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $837,789 in 2022 vs. $8,120,922 in 2023).
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency assessment.
Strengths
The following positive indicators were identified for Widgeon Point Charitable Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating no executive salary expenses.
- Robust asset base, with current assets at $36,355,122, providing financial stability.
- Positive net income in the latest reported period (202312: Revenue=$8,120,922, Expenses=$5,005,124).
Frequently Asked Questions about Widgeon Point Charitable Foundation
Is Widgeon Point Charitable Foundation a legitimate charity?
Widgeon Point Charitable Foundation (EIN: 136201175) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 11 years of IRS 990 filings on record. Total revenue: $28.9M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Widgeon Point Charitable Foundation spend its money?
Widgeon Point Charitable Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Widgeon Point Charitable Foundation tax-deductible?
Widgeon Point Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 136201175). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Widgeon Point Charitable Foundation's spending goes to programs?
Widgeon Point Charitable Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Widgeon Point Charitable Foundation located?
Widgeon Point Charitable Foundation is headquartered in New York, New York and files with the IRS under EIN 136201175.
How many years of IRS 990 filings does Widgeon Point Charitable Foundation have?
Widgeon Point Charitable Foundation has 11 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 $28.9M in total revenue.
What is the primary mission of Widgeon Point Charitable Foundation?
The provided data does not specify the NTEE Code or the organization's mission, making it difficult to assess its programmatic focus.
How does Widgeon Point Charitable Foundation manage its significant revenue fluctuations?
The organization has experienced significant revenue swings, such as $837,789 in 2022 to $8,120,922 in 2023. While assets remain substantial, the strategy for managing these fluctuations and ensuring consistent program delivery is not detailed in the provided data.
What percentage of expenses are allocated to program services?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, preventing a precise calculation of program spending efficiency.
Filing History
IRS 990 filing history for Widgeon Point Charitable Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Widgeon Point Charitable Foundation's revenue has grown by 364.5%, moving from $1.7M to $8.1M. Total assets decreased by 29.6% over the same period, from $55.8M to $39.2M. Total functional expenses rose by 16.4%, from $4.3M to $5.0M. In its most recent filing year (2023), Widgeon Point Charitable Foundation reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $39.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $39.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.1M | $5.0M | $39.2M | $1 | — | View 990 |
| 2022 | $838K | $4.9M | $36.1M | $1 | — | View 990 |
| 2021 | $5.9M | $4.3M | $59.4M | $22K | — | View 990 |
| 2020 | $2.0M | $3.6M | $54.1M | $22K | — | View 990 |
| 2019 | $1.5M | $4.0M | $42.5M | $285K | — | View 990 |
| 2015 | $2.7M | $4.1M | $46.5M | $37K | — | View 990 |
| 2014 | $4.5M | $3.6M | $50.9M | $57K | — | View 990 |
| 2013 | $2.7M | $4.3M | $51.4M | $74K | — | View 990 |
| 2012 | $1.5M | $4.1M | $50.8M | $21K | — | View 990 |
| 2011 | $2.4M | $4.0M | $53.3M | $455 | — | View 990 |
| 2010 | $1.7M | $4.3M | $55.8M | $398K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.1M, expenses of $5.0M, and assets of $39.2M (revenue +869.3% year-over-year).
- 2022: Revenue of $838K, expenses of $4.9M, and assets of $36.1M (revenue -85.9% year-over-year).
- 2021: Revenue of $5.9M, expenses of $4.3M, and assets of $59.4M (revenue +191.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $3.6M, and assets of $54.1M (revenue +35.4% year-over-year).
- 2019: Revenue of $1.5M, expenses of $4.0M, and assets of $42.5M (revenue -44.3% year-over-year).
- 2015: Revenue of $2.7M, expenses of $4.1M, and assets of $46.5M (revenue -40.2% year-over-year).
- 2014: Revenue of $4.5M, expenses of $3.6M, and assets of $50.9M (revenue +70.2% year-over-year).
- 2013: Revenue of $2.7M, expenses of $4.3M, and assets of $51.4M (revenue +79.2% year-over-year).
- 2012: Revenue of $1.5M, expenses of $4.1M, and assets of $50.8M (revenue -38.7% year-over-year).
- 2011: Revenue of $2.4M, expenses of $4.0M, and assets of $53.3M (revenue +38.1% year-over-year).
- 2010: Revenue of $1.7M, expenses of $4.3M, and assets of $55.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Widgeon Point Charitable Foundation:
Data Sources and Methodology
This transparency report for Widgeon Point Charitable 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.