Quick charity verification for Benefits Data Trust (EIN: 203455598)
Verdict: Benefits Data Trust appears trustworthy
90/100Mission Score
$5.9MRevenue
$13.8MAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue fluctuation (e.g., $45.9M in 2022 to $28.5M in 2023) could indicate reliance on variable funding sources or project-based grants.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong dedication to mission.
Substantial asset growth over the past decade, from $5,313,782 in 2014 to $32,856,270 in 2023, demonstrating financial health.
High proportion of expenses likely directed towards program services, given the absence of executive compensation.
Long and consistent IRS 990 filing history, indicating transparency and compliance.
Spending Breakdown
How Benefits Data Trust allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Benefits Data Trust
Is Benefits Data Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Benefits Data Trust (EIN: 203455598) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Benefits Data Trust a good charity to donate to?
Benefits Data Trust has a Mission Score of 90/100. Revenue: $5.9M. Assets: $13.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Benefits Data Trust?
The Employer Identification Number (EIN) for Benefits Data Trust is 203455598. 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 Benefits Data Trust spend its money?
Benefits Data Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Benefits Data Trust's tax-exempt status?
You can verify Benefits Data Trust's tax-exempt status using EIN 203455598 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
Benefits Data Trust demonstrates a strong commitment to its mission, as evidenced by its consistent program spending. In the 2023 fiscal year, the organization spent $37,203,750, with a significant portion directed towards program services. The organization's assets have shown substantial growth over the past decade, from $5,313,782 in 2014 to $32,856,270 in 2023, indicating financial stability and capacity for future operations. While there was a notable decrease in revenue from $45,979,280 in 2022 to $28,543,974 in 2023, the organization maintained a healthy asset base.
The organization's spending efficiency appears robust, with a high percentage of expenses allocated to program services. The consistent reporting of 0% officer compensation across all available filings suggests a strong focus on directing funds towards the mission rather than executive salaries, which is a positive indicator of financial stewardship. The organization's liabilities have also grown in proportion to its assets, but remain manageable, with a liabilities-to-assets ratio of approximately 28.5% in 2023 ($9,390,952 / $32,856,270).
Benefits Data Trust's transparency is commendable, particularly with the detailed financial data available through its IRS 990 filings. The consistent filing history and the absence of reported officer compensation contribute to a positive perception of its financial practices. The organization's ability to manage significant fluctuations in revenue while maintaining a strong asset base and program focus speaks to its sound financial management.