Witness Inc
Witness Inc. shows consistent revenue growth and asset accumulation, operating with a surplus over the past decade.
EIN: 134167155 · New York, NY · NTEE: Q70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.4M |
| Total Expenses | $6.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $8.7M |
| Net Assets | $14.0M |
| Transparency Score | 85/100 |
Is Witness Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Witness Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Witness Inc
Witness Inc (EIN: 134167155) is a nonprofit organization based in New York, NY, classified under NTEE code Q70. The organization reported total revenue of $11.4M and total assets of $12.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Witness Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Witness Inc is a large nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.7M |
| Total Expenses | $6.4M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $15.1M |
| Total Liabilities | $1.1M |
| Net Assets | $14.0M |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 28.2 months |
Financial Health Grade: A
In 2023, Witness Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Witness Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.0% | +37.9% | +22.7% |
| 2022 | +21.4% | +14.6% | +6.2% |
| 2021 | -16.5% | +-0.0% | +19.5% |
| 2020 | -12.4% | +1.3% | +41.7% |
| 2019 | +83.0% | +16.4% | +95.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Witness Inc 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Witness Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% 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 $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, suggesting that executive leadership may be uncompensated or compensated through mechanisms not categorized as 'Officer Comp' in these summaries. This is unusual for an organization of its size ($8.7M+ in revenue) and warrants further investigation into detailed IRS Form 990 filings to understand how leadership is compensated, if at all.
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 Witness Inc's IRS 990 filings:
- Lack of reported officer compensation: The consistent 0% officer compensation across all filings is unusual for an organization of this size and warrants further scrutiny of detailed 990s to understand executive remuneration practices.
Strengths
The following positive indicators were identified for Witness Inc:
- Consistent Revenue Growth: Revenue has shown a strong and consistent upward trend over the past decade, indicating effective fundraising and donor support.
- Strong Asset Accumulation: Assets have grown significantly from $4.4M in 2014 to $15.1M in 2023, demonstrating robust financial management and reserve building.
- Positive Operating Margins: The organization consistently operates with a surplus, with revenues generally exceeding expenses, contributing to financial stability.
- Healthy Asset-to-Liability Ratio: A high asset-to-liability ratio (e.g., 13.36:1 in 2023) indicates strong financial solvency and low financial risk.
Frequently Asked Questions about Witness Inc
Is Witness Inc a legitimate charity?
Witness Inc (EIN: 134167155) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Witness Inc spend its money?
Witness Inc directs 80% of its spending to programs and services. Fundraising costs 8%. This exceeds the 65% industry benchmark.
Are donations to Witness Inc tax-deductible?
Witness Inc is registered as a tax-exempt nonprofit (EIN: 134167155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Witness Inc CEO make?
Witness Inc's highest-compensated officer earns $8.7M annually. The organization reported $11.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Witness Inc's spending goes to programs?
Witness Inc directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Witness Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Witness Inc is above average for NTEE category Q70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Witness Inc located?
Witness Inc is headquartered in New York, New York and files with the IRS under EIN 134167155. It is classified under NTEE code Q70.
How many years of IRS 990 filings does Witness Inc have?
Witness Inc has 13 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 $11.4M in total revenue.
Is Witness Inc. financially stable?
Yes, Witness Inc. appears financially stable. Its revenue has consistently grown from $5.8M in 2014 to $8.7M in 2023, and assets have increased significantly from $4.4M to $15.1M over the same period, indicating strong financial health and effective management.
How has Witness Inc.'s revenue trended over the last decade?
Witness Inc. has experienced a strong upward revenue trend, growing from $5,821,785 in 2014 to $8,715,928 in 2023, with a peak of $11,446,562 in the latest reported period. This demonstrates consistent growth and fundraising success.
What is the organization's asset-to-liability ratio?
In 2023, Witness Inc. had assets of $15,109,334 and liabilities of $1,131,176, resulting in a very healthy asset-to-liability ratio of approximately 13.36:1. This indicates strong financial solvency.
Does Witness Inc. have a history of operating deficits?
No, Witness Inc. generally operates with a surplus. For example, in 2023, revenue was $8,715,928 against expenses of $6,418,816, showing a significant surplus. There were minor deficits in 2016 and 2017, but these were exceptions to a consistent trend of positive operating margins.
Filing History
IRS 990 filing history for Witness Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Witness Inc's revenue has grown by 61.3%, moving from $5.4M to $8.7M. Total assets increased by 342.8% over the same period, from $3.4M to $15.1M. Total functional expenses rose by 63.4%, from $3.9M to $6.4M. In its most recent filing year (2023), Witness Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $15.1M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $14.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.7M | $6.4M | $15.1M | $1.1M | — | View 990 |
| 2022 | $6.5M | $4.7M | $12.3M | $920K | — | View 990 |
| 2021 | $5.4M | $4.1M | $11.6M | $1.5M | — | View 990 |
| 2020 | $6.4M | $4.1M | $9.7M | $1.0M | — | View 990 |
| 2019 | $7.3M | $4.0M | $6.9M | $639K | — | View 990 |
| 2018 | $4.0M | $3.4M | $3.5M | $613K | — | View 990 |
| 2017 | $3.2M | $3.4M | $2.7M | $415K | — | View 990 |
| 2016 | $2.9M | $3.6M | $2.9M | $406K | — | View 990 |
| 2015 | $3.2M | $3.8M | $3.6M | $330K | — | View 990 |
| 2014 | $5.8M | $3.9M | $4.5M | $361K | — | View 990 |
| 2013 | $4.3M | $4.1M | $2.6M | $369K | — | View 990 |
| 2012 | $3.5M | $4.0M | $2.3M | $173K | — | View 990 |
| 2011 | $5.4M | $3.9M | $3.4M | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.7M, expenses of $6.4M, and assets of $15.1M (revenue +34.0% year-over-year).
- 2022: Revenue of $6.5M, expenses of $4.7M, and assets of $12.3M (revenue +21.4% year-over-year).
- 2021: Revenue of $5.4M, expenses of $4.1M, and assets of $11.6M (revenue -16.5% year-over-year).
- 2020: Revenue of $6.4M, expenses of $4.1M, and assets of $9.7M (revenue -12.4% year-over-year).
- 2019: Revenue of $7.3M, expenses of $4.0M, and assets of $6.9M (revenue +83.0% year-over-year).
- 2018: Revenue of $4.0M, expenses of $3.4M, and assets of $3.5M (revenue +23.9% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.4M, and assets of $2.7M (revenue +13.1% year-over-year).
- 2016: Revenue of $2.9M, expenses of $3.6M, and assets of $2.9M (revenue -10.0% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.8M, and assets of $3.6M (revenue -45.4% year-over-year).
- 2014: Revenue of $5.8M, expenses of $3.9M, and assets of $4.5M (revenue +35.8% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.1M, and assets of $2.6M (revenue +21.3% year-over-year).
- 2012: Revenue of $3.5M, expenses of $4.0M, and assets of $2.3M (revenue -34.6% year-over-year).
- 2011: Revenue of $5.4M, expenses of $3.9M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Witness Inc:
Data Sources and Methodology
This transparency report for Witness 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.