Is Care Share Health Alliance Inc Legit? —…

Quick charity verification for Care Share Health Alliance Inc (EIN: 208119462)

Red Flags

Significant and recurring operating deficits, such as in 2023 where expenses ($512,524) were much higher than revenue ($182,622).
Highly volatile revenue streams over the past decade, making financial planning and sustainability challenging.
Substantial decrease in assets in 2023, indicating a depletion of reserves.
Inconsistent asset levels over time, suggesting a lack of stable financial reserves.

Spending Breakdown

How Care Share Health Alliance Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Share Health Alliance Inc

Is Care Share Health Alliance Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Care Share Health Alliance Inc (EIN: 208119462) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.

Is Care Share Health Alliance Inc a good charity to donate to?

Care Share Health Alliance Inc has a Mission Score of 55/100. Revenue: $816K. Assets: $643K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Care Share Health Alliance Inc?

The Employer Identification Number (EIN) for Care Share Health Alliance Inc is 208119462. 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 Share Health Alliance Inc spend its money?

Care Share Health Alliance Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Care Share Health Alliance Inc's tax-exempt status?

You can verify Care Share Health Alliance Inc's tax-exempt status using EIN 208119462 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 Share Health Alliance Inc. exhibits inconsistent financial performance over the past decade, with significant fluctuations in revenue and expenses. For instance, revenue peaked at $1,744,672 in 2014 but dropped to $182,622 in 2023, while expenses have also varied widely, from $256,127 in 2021 to $1,436,924 in 2015. The organization has frequently operated at a deficit, notably in 2023 where expenses ($512,524) significantly outstripped revenue ($182,622), leading to a substantial decrease in assets from $864,977 in 2022 to $547,771 in 2023. This pattern of volatile financial results suggests potential challenges in consistent funding or program management.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the recurring deficits, particularly the large one in 2023, raise concerns about the sustainability of current operations. The organization's assets have also shown considerable variability, from a high of $1,577,557 in 2015 to a low of $271,872 in 2019, indicating a lack of stable financial reserves.

Transparency regarding executive compensation appears strong, as the officer compensation has consistently been reported as 0% across all available filings. This suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor trust. However, the overall financial instability and lack of detailed expense breakdowns in the provided data limit a comprehensive assessment of its financial health and spending efficiency.

Is Care Share Health Alliance Inc Legit?

Verdict: Care Share Health Alliance Inc shows mixed signals