Is American Legion Department Of Ohio Charities Inc Legit?

Quick charity verification for American Legion Department Of Ohio Charities Inc (EIN: 20692968)

Verdict: American Legion Department Of Ohio Charities Inc appears trustworthy

95/100Mission Score
$11.5MRevenue
$438KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

American Legion Department Of Ohio Charities Inc demonstrates strong financial health and a clear commitment to its program services. The organization has shown significant growth in revenue, from $2,643,805 in 2014 to $8,218,690 in 2023, indicating increasing support and operational capacity. Expenses have consistently remained close to revenue, suggesting efficient use of funds without accumulating excessive surpluses or deficits. For instance, in 2023, expenses were $7,986,980 against revenues of $8,218,690, resulting in a modest surplus. The organization's spending efficiency appears high, with a substantial portion of its expenditures directed towards program services. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on mission over executive pay. This practice minimizes administrative overhead and maximizes resources available for charitable activities. The organization also maintains a healthy asset base relative to its liabilities, with zero liabilities reported in recent years (e.g., 2023, 2022, 2021), further underscoring its financial stability and responsible management.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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