Quick charity verification for Cares Of Washington (EIN: 134237286)
Verdict: Cares Of Washington appears trustworthy
95/100Mission Score
$2.9MRevenue
$2.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency in executive pay.
Positive trend in net assets, growing from $1,179,946 in 2019 to $1,950,319 in 2023.
Consistent filing of IRS Form 990s over 12 periods, demonstrating transparency and compliance.
Revenues generally exceed expenses in recent years, leading to financial stability and growth.
Liabilities are well-managed and represent a reasonable portion of total assets.
Spending Breakdown
How Cares Of Washington allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Cares Of Washington
Is Cares Of Washington a legitimate charity?
Based on AI analysis of IRS 990 filings, Cares Of Washington (EIN: 134237286) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Cares Of Washington a good charity to donate to?
Cares Of Washington has a Mission Score of 95/100. Revenue: $2.9M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cares Of Washington?
The Employer Identification Number (EIN) for Cares Of Washington is 134237286. 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 Cares Of Washington spend its money?
Cares Of Washington allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cares Of Washington's tax-exempt status?
You can verify Cares Of Washington's tax-exempt status using EIN 134237286 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
Cares Of Washington demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.6 million to $2.2 million over the past decade. The organization has shown a positive trend in net assets in recent years, increasing from $1,179,946 in 2019 to $1,950,319 in 2023, indicating a strengthening financial position. Their liabilities have remained manageable relative to assets, suggesting good financial stewardship.
Regarding spending efficiency, the organization consistently reports 0% officer compensation across all available filings, which is a significant indicator of efficient use of funds and a strong commitment to directing resources towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the raw data, the absence of officer compensation suggests a lean operational structure. The organization's revenue has seen growth, reaching $2,256,113 in 2023, while expenses were $2,193,817, resulting in a surplus for the year.
Transparency is high given the consistent 0% officer compensation reported, which is a clear and positive signal to donors. The consistent filing of IRS Form 990s over 12 periods also indicates a commitment to regulatory compliance and public disclosure. The growth in assets and controlled liabilities further supports a picture of a well-managed and transparent organization.