Leona M & Harry B Helmsley Charitable Trust
Only null% goes to programs Strong reserves Declining revenue
Leona M & Harry B Helmsley Charitable Trust is a 501(c)(3) organization based in New York, New York, registered in 2000, with $497,259,658 in FY2024 revenue. CharityIndex grades it B.
230 Park Ave Rm 659, New York, NY, 10169 EIN 13-7184401 Since 2000
Revenue (FY2024)
$497.3M
▲ 29.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$422.2M
Net assets
$6.6B
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Leona M & Harry B Helmsley Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating187 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Leona M & Harry B Helmsley Charitable Trust: 187 mo reserves · +15% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Leona M & Harry B Helmsley Charitable Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Leona M & Harry B Helmsley Charitable Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 230 Park Ave Rm 659, New York, NY, 10169
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $723.2M (FY2020) to $497.3M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $514.3MNet assets $6.6B
Operating margin
15.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.1B
Total liabilities
$514.3M
Net assets
$6.6B
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $497,259,658▲29.1% | $422,168,442▼29.6% | $6,594,032,811▼1.3% | $7,108,379,897▼2.6% | 990PF |
| 2023 | $385,228,530▼38.8% | $600,086,342▲12.2% | $6,678,599,031▼0.6% | $7,300,077,622▲0.6% | 990PF |
| 2022 | $629,133,449▼25.1% | $534,910,918▼1.0% | $6,721,140,814▼12.8% | $7,256,835,636▼11.7% | 990PF |
| 2021 | $839,493,141▲16.1% | $540,117,750▲46.7% | $7,704,480,607▼2.1% | $8,221,675,612▼1.1% | 990PF |
| 2020 | $723,181,306 | $368,281,376 | $7,867,425,883 | $8,313,587,896 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Sarah E Paul — $1,030,857 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sarah E Paul | Chief Executive Officer | 40 | $1,030,857 |
| Joshua W Fenton | Chief Investment Officer | 40 | $1,017,577 |
| Jacqueline F Bausch | General Counsel | 40 | $652,750 |
| Nicholas J Schiavo | Chief Financial Officer | 40 | $486,040 |
| David Panzirer | Trustee | 35 | $150,000 |
| Sandor Frankel | Trustee | 25 | $150,000 |
| Walter Panzirer | Trustee | 32 | $150,000 |
Similar organizations in Philanthropy
Compare Leona M & Harry B Helmsley Charitable Trust
Frequently asked questions
- Is Leona M & Harry B Helmsley Charitable Trust a legitimate nonprofit?
- Yes. Leona M & Harry B Helmsley Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-7184401, based in New York, New York. Donations are tax-deductible.
- What is Leona M & Harry B Helmsley Charitable Trust's EIN?
- Leona M & Harry B Helmsley Charitable Trust's Employer Identification Number (EIN) is 13-7184401.
- How much revenue does Leona M & Harry B Helmsley Charitable Trust report?
- Leona M & Harry B Helmsley Charitable Trust reported $497,259,658 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leona M & Harry B Helmsley Charitable Trust have?
- CharityIndex grades Leona M & Harry B Helmsley Charitable Trust B, based on financial health (reserves and operating margin).
- How much does Leona M & Harry B Helmsley Charitable Trust's highest-paid employee make?
- The highest reported compensation on Leona M & Harry B Helmsley Charitable Trust's latest Form 990 is $1,030,857, paid to Sarah E Paul (Chief Executive Officer).
More nonprofits in New York
Explore more
Data for Leona M & Harry B Helmsley Charitable Trust (EIN 13-7184401) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.