Is Calvarys Comfort Ministries Inc Legit?

Quick charity verification for Calvarys Comfort Ministries Inc (EIN: 112862264)

Verdict: Calvarys Comfort Ministries Inc appears trustworthy

92/100Mission Score
$59KRevenue
$332KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Calvarys Comfort Ministries Inc demonstrates a generally healthy financial position, marked by consistent asset growth and a strong program spending ratio. In 2023, the organization reported $54,600 in revenue against $15,299 in expenses, indicating efficient operations and a significant surplus. Their assets have steadily increased from $200,027 in 2014 to $282,887 in 2023, with zero liabilities reported in the last two periods, which is a positive indicator of financial stability. The organization's commitment to its mission is evident in its high program spending, with 90% of expenses allocated to programs in 2023, reflecting effective resource allocation towards its charitable purpose. The absence of officer compensation further enhances its transparency and dedication to maximizing funds for beneficiaries.

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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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