Quick charity verification for Caroline S Wooster Trust (EIN: 16080767)
Verdict: Caroline S Wooster Trust appears trustworthy
85/100Mission Score
$389KRevenue
$557KAssets
1Red Flags
4Strengths
Red Flags
Expenses significantly exceeded revenue in 2022 ($104,677 expenses vs. $44,385 revenue), potentially indicating reliance on asset draw in some periods.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and focus on mission.
Maintains a strong and stable asset base (over $500,000) to support its grantmaking activities.
Regular and transparent IRS 990 filings available for public review.
Spending Breakdown
How Caroline S Wooster Trust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Caroline S Wooster Trust
Is Caroline S Wooster Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Caroline S Wooster Trust (EIN: 16080767) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Caroline S Wooster Trust a good charity to donate to?
Caroline S Wooster Trust has a Mission Score of 85/100. Revenue: $389K. Assets: $557K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Caroline S Wooster Trust?
The Employer Identification Number (EIN) for Caroline S Wooster Trust is 16080767. 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 Caroline S Wooster Trust spend its money?
Caroline S Wooster Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Caroline S Wooster Trust's tax-exempt status?
You can verify Caroline S Wooster Trust's tax-exempt status using EIN 16080767 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
The Caroline S Wooster Trust appears to be a small, private foundation based on its NTEE code (B40 - Private Grantmaking Foundations) and consistent revenue and asset levels. Its financial health seems stable, with assets consistently above $500,000 over the past four years, peaking at $572,404 in 2021. Revenue has fluctuated, with a notable high of $107,809 in 2023 and a low of $44,385 in 2022. Expenses have generally been managed within or close to revenue, though 2022 saw expenses of $104,677 significantly exceed revenue of $44,385, leading to a draw on assets. The trust consistently reports minimal liabilities ($1), indicating a strong balance sheet.
Regarding spending efficiency, without a detailed breakdown of expenses, it's challenging to precisely determine program versus administrative spending. However, as a private grantmaking foundation, most of its expenses would typically be grants (programmatic spending). The consistent reporting of 0% officer compensation is a positive indicator of efficiency and a focus on mission rather than executive overhead. The organization's transparency is good, with regular IRS 990 filings available, providing a clear financial history.
Overall, the trust demonstrates sound financial management for its size, maintaining a healthy asset base and operating with very low overhead in terms of executive compensation. The fluctuations in revenue and expenses are common for investment-dependent entities, but the overall trend shows a well-managed endowment supporting its grantmaking activities.