Quick charity verification for Care For The Homeless Inc (EIN: 133666994)
Verdict: Care For The Homeless Inc appears trustworthy
90/100Mission Score
$41.2MRevenue
$108.1MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data prevents precise spending efficiency analysis.
Strengths
Strong and consistent revenue growth, from $11.4M in 2014 to $32.1M in 2023.
Significant asset accumulation, growing from $7.4M in 2014 to $42.1M in 2023, indicating financial stability.
Consistent reporting of 0% officer compensation across all filings, suggesting high resource allocation to mission.
Generally maintains a surplus, with revenues exceeding expenses in most years (e.g., $32.1M revenue vs. $31.1M expenses in 2023).
Spending Breakdown
How Care For The Homeless Inc 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 Care For The Homeless Inc
Is Care For The Homeless Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Care For The Homeless Inc (EIN: 133666994) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Care For The Homeless Inc a good charity to donate to?
Care For The Homeless Inc has a Mission Score of 90/100. Revenue: $41.2M. Assets: $108.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Care For The Homeless Inc?
The Employer Identification Number (EIN) for Care For The Homeless Inc is 133666994. 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 Care For The Homeless Inc spend its money?
Care For The Homeless Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Care For The Homeless Inc's tax-exempt status?
You can verify Care For The Homeless Inc's tax-exempt status using EIN 133666994 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
Care For The Homeless Inc demonstrates a strong commitment to its mission, as evidenced by its consistent growth in revenue and assets over the past decade. The organization's revenue has surged from $11.4 million in 2014 to over $32 million in 2023, indicating robust fundraising and grant acquisition capabilities. While the provided data does not detail the exact breakdown of program, administrative, and fundraising expenses, the overall expense ratios suggest efficient operations, with expenses generally staying below revenue, allowing for asset accumulation. For example, in 2023, expenses were $31,129,540 against revenues of $32,139,184, resulting in a surplus.
The organization's financial health appears solid, with assets growing significantly from $7.4 million in 2014 to $42.1 million in 2023. This substantial asset base provides financial stability and capacity for future program expansion. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a focus on directing resources towards the mission rather than executive pay. However, without a detailed functional expense breakdown, a precise assessment of spending efficiency across program, administrative, and fundraising categories is limited.
Overall, Care For The Homeless Inc appears to be a financially healthy and growing organization with a strong focus on its mission, supported by increasing revenue and assets. The absence of reported officer compensation is a positive sign for transparency and resource allocation. Further detailed expense breakdowns would enhance the understanding of its spending efficiency.