Is Catholic Charities Of Diocese Of Albany Legit?

Quick charity verification for Catholic Charities Of Diocese Of Albany (EIN: 141340033)

Verdict: Catholic Charities Of Diocese Of Albany appears trustworthy

92/100Mission Score
$49.3MRevenue
$35.9MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Catholic Charities Of Diocese Of Albany 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 Catholic Charities Of Diocese Of Albany

Is Catholic Charities Of Diocese Of Albany a legitimate charity?

Based on AI analysis of IRS 990 filings, Catholic Charities Of Diocese Of Albany (EIN: 141340033) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Catholic Charities Of Diocese Of Albany a good charity to donate to?

Catholic Charities Of Diocese Of Albany has a Mission Score of 92/100. Revenue: $49.3M. Assets: $35.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Catholic Charities Of Diocese Of Albany?

The Employer Identification Number (EIN) for Catholic Charities Of Diocese Of Albany is 141340033. 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 Catholic Charities Of Diocese Of Albany spend its money?

Catholic Charities Of Diocese Of Albany allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Catholic Charities Of Diocese Of Albany's tax-exempt status?

You can verify Catholic Charities Of Diocese Of Albany's tax-exempt status using EIN 141340033 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

Catholic Charities Of Diocese Of Albany demonstrates generally stable financial health with consistent revenue streams, averaging over $40 million annually in recent years. The organization consistently operates with a surplus, as seen in 202306 where revenue was $48,136,440 against expenses of $47,708,366, indicating sound financial management. Their asset base has also shown growth, increasing from $24,487,774 in 201406 to $39,523,308 in 202306, suggesting prudent accumulation of resources. Spending efficiency appears strong, with expenses closely tracking revenue, implying that the majority of funds are deployed towards their mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds to programs rather than executive salaries. This practice is highly commendable and suggests a lean administrative structure or a reliance on compensated staff not classified as officers, or a volunteer leadership model. Overall, the organization exhibits a healthy financial trajectory and a high degree of transparency regarding executive compensation. The consistent surpluses and growing assets, coupled with the absence of reported officer compensation, paint a picture of a well-managed and mission-focused nonprofit.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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