The Esther A and Joseph Klingenstein Fund Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
The Esther A and Joseph Klingenstein Fund Inc is a 501(c)(3) organization based in New York, New York, registered in 1946, with $7,596,262 in FY2023 revenue. CharityIndex grades it D.
80 8th Ave Ste 1400, New York, NY, 10011 EIN 13-6028788 Since 1946
Revenue (FY2023)
$7.6M
▲ 106.2% vs prior year
Expenses (FY2023)
$11.1M
Net assets
$119.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 The Esther A and Joseph Klingenstein Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating129 mo reserves · -47% 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 The Esther A and Joseph Klingenstein Fund Inc: 129 mo reserves · -47% margin earns a D 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 The Esther A and Joseph Klingenstein Fund Inc— 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 The Esther A and Joseph Klingenstein Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $4.5M (FY2013) to $7.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $119.7M
Operating margin
-46.7%
Spent more than it raised in the latest fiscal year.
Total assets
$119.7M
Total liabilities
$0
Net assets
$119.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,596,262▲106% | $11,143,051▲41.6% | $119,702,530▼2.9% | $119,702,530▼2.9% | 990PF |
| 2022 | $3,683,723▲67.8% | $7,868,628▲26.0% | $123,254,867▼3.3% | $123,254,867▼3.3% | 990PF |
| 2021 | $2,194,797▼97.7% | $6,245,954▲37.5% | $127,438,666▼4.0% | $127,438,666▼4.0% | 990PF |
| 2020 | $93,429,967▲5453% | $4,541,778▼24.3% | $132,750,697▲202% | $132,747,675▲202% | 990PF |
| 2019 | $1,682,417▼51.3% | $6,001,316▲5.0% | $44,005,067▼6.4% | $44,005,067▼6.4% | 990PF |
| 2018 | $3,452,989▼54.6% | $5,716,173▲2.5% | $47,004,281▼15.0% | $47,007,781▼15.0% | 990PF |
| 2017 | $7,608,836▲119% | $5,575,488▲18.9% | $55,295,919▲1.3% | $55,296,057▲1.3% | 990PF |
| 2016 | $3,477,114▼38.1% | $4,687,800▲20.6% | $54,562,571▼4.4% | $54,562,571▼4.5% | 990PF |
| 2015 | $5,612,926▼10.5% | $3,888,442▲30.7% | $57,072,145▲0.7% | $57,148,257▲0.5% | 990PF |
| 2014 | $6,270,787▲39.4% | $2,975,456▼6.6% | $56,647,661▲3.7% | $56,849,087▲3.7% | 990PF |
| 2013 | $4,498,090 | $3,185,662▲84.5% | $54,652,330▲2.5% | $54,820,839▲2.8% | 990PF |
| 2012 | — | $1,726,374▼37.4% | $53,339,902▲3.9% | $53,339,902▲3.9% | 990PF |
| 2011 | — | $2,757,884▼7.6% | $51,335,769▲2.1% | $51,335,769▲2.1% | 990PF |
| 2010 | — | $2,984,387▼21.6% | $50,292,602▼4.5% | $50,292,602▼4.5% | 990PF |
| 2009 | — | $3,808,849 | $52,679,742 | $52,679,742 | 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 (FY2023)
Highest-paid: Eliot Brenner — $237,634 (2.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Eliot Brenner | Executive Director, Trustee | 30 | $237,634 |
| Alan Klingenstein | Treasurer | 0.5 | — |
| Alexandra D Klingenstein | Trustee | 0.5 | — |
| Andrew Klingenstein | Trustee, Ceo | 5 | — |
| Emma Brownstein | Trustee | 2 | — |
| Greg Brownstein | Trustee | 0.5 | — |
| Julie Klingenstein | Trustee | 5 | — |
| Nancy K Simpkins | Vice President | 5 | — |
| Sarah K Martell | Secretary, Trustee | 0.5 | — |
| Zachary Toal | Trustee | 0.5 | — |
Frequently asked questions
- Is The Esther A and Joseph Klingenstein Fund Inc a legitimate nonprofit?
- Yes. The Esther A and Joseph Klingenstein Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6028788, based in New York, New York. Donations are tax-deductible.
- What is The Esther A and Joseph Klingenstein Fund Inc's EIN?
- The Esther A and Joseph Klingenstein Fund Inc's Employer Identification Number (EIN) is 13-6028788.
- How much revenue does The Esther A and Joseph Klingenstein Fund Inc report?
- The Esther A and Joseph Klingenstein Fund Inc reported $7,596,262 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does The Esther A and Joseph Klingenstein Fund Inc have?
- CharityIndex grades The Esther A and Joseph Klingenstein Fund Inc D, based on financial health (reserves and operating margin).
- How much does The Esther A and Joseph Klingenstein Fund Inc's highest-paid employee make?
- The highest reported compensation on The Esther A and Joseph Klingenstein Fund Inc's latest Form 990 is $237,634, paid to Eliot Brenner (Executive Director, Trustee).
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Data for The Esther A and Joseph Klingenstein Fund Inc (EIN 13-6028788) 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.