Is Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Legit?
Quick charity verification for Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny (EIN: 150532085)
Verdict: Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny appears trustworthy
85/100Mission Score
$79.3MRevenue
$73.6MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for a large organization, requiring further investigation into executive compensation structure.
Strengths
Consistent revenue growth, from $53,079,066 in 2014 to $79,259,688 in the latest period.
Healthy financial surpluses in most years (e.g., $9,094,035 surplus in 2022).
Significant and growing asset base ($73,643,141 in latest period), indicating strong financial stability.
Consistent IRS 990 filings, demonstrating transparency in basic financial reporting.
Spending Breakdown
How Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny 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 Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny
Is Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny (EIN: 150532085) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny a good charity to donate to?
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny has a Mission Score of 85/100. Revenue: $79.3M. Assets: $73.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny?
The Employer Identification Number (EIN) for Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny is 150532085. 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 The Roman Catholic Diocese Of Syracuse Ny spend its money?
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny's tax-exempt status?
You can verify Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny's tax-exempt status using EIN 150532085 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 The Roman Catholic Diocese Of Syracuse Ny demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. For instance, in 2022, revenue was $79,912,075 against expenses of $70,818,040, indicating a healthy surplus. The organization's assets have also shown steady growth, reaching $73,643,141 in the latest period, which provides a strong financial foundation. While specific program, administrative, and fundraising expense breakdowns are not directly provided in the summary data, the overall financial picture suggests a well-managed organization with substantial resources dedicated to its mission.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which would be a significant positive for donor confidence. However, without detailed breakdowns of functional expenses, a precise assessment of spending efficiency (e.g., program vs. administrative costs) is limited. The consistent growth in revenue and assets, alongside controlled expenses, points to a financially stable and growing entity.
Overall, the organization appears to be financially robust and transparent in its basic filings. The absence of reported officer compensation is a strong indicator of efficient resource allocation, assuming leadership is compensated appropriately through other means or volunteers their time. Further detailed analysis of functional expenses from the full 990 forms would provide a more granular understanding of spending efficiency across programs, administration, and fundraising.