Is Barry L Joyce Local Cancer Support Fund…

Quick charity verification for Barry L Joyce Local Cancer Support Fund (EIN: 10754696)

Strengths

Consistent revenue growth (from $177,085 in 2019 to $277,491 in 2023).
Significant asset accumulation (from $734,453 in 2019 to $1,327,159 in 2023).
0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Low liabilities relative to assets, demonstrating strong financial stability.
Expenses generally well-managed relative to revenue, allowing for asset growth.

Spending Breakdown

How Barry L Joyce Local Cancer Support Fund allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Barry L Joyce Local Cancer Support Fund

Is Barry L Joyce Local Cancer Support Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Barry L Joyce Local Cancer Support Fund (EIN: 10754696) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Barry L Joyce Local Cancer Support Fund a good charity to donate to?

Barry L Joyce Local Cancer Support Fund has a Mission Score of 92/100. Revenue: $483K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Barry L Joyce Local Cancer Support Fund?

The Employer Identification Number (EIN) for Barry L Joyce Local Cancer Support Fund is 10754696. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Barry L Joyce Local Cancer Support Fund spend its money?

Barry L Joyce Local Cancer Support Fund allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Barry L Joyce Local Cancer Support Fund's tax-exempt status?

You can verify Barry L Joyce Local Cancer Support Fund's tax-exempt status using EIN 10754696 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Barry L Joyce Local Cancer Support Fund demonstrates consistent financial health and a strong commitment to its mission. Over the past five years, the organization has shown steady revenue growth, increasing from $177,085 in 2019 to $277,491 in 2023. This growth has allowed for increased program spending, with expenses rising from $179,898 to $217,127 over the same period. The organization maintains a healthy asset base, growing from $734,453 in 2019 to $1,327,159 in 2023, indicating good financial stewardship and capacity for future operations.

The fund's spending efficiency appears high, as evidenced by its consistent ability to operate with expenses generally below or close to revenue, allowing for asset accumulation. A key indicator of efficiency and transparency is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The organization's focus on local cancer support, combined with its lean operational structure, suggests that a significant portion of funds directly benefits its target population.

While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial trends suggest a well-managed organization. The consistent growth in assets and revenue, coupled with minimal liabilities, points to a stable and transparent financial operation. The absence of officer compensation is a particularly strong positive for transparency and efficiency.

Is Barry L Joyce Local Cancer Support Fund Legit?

Verdict: Barry L Joyce Local Cancer Support Fund appears trustworthy