Quick charity verification for Center For The Working Poor (EIN: 208869602)
Verdict: Center For The Working Poor appears trustworthy
90/100Mission Score
$899KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
Significant and consistent growth in revenue, from $34,273 in 201112 to $359,276 in 202312.
Strong growth in assets, from $20,198 in 201112 to $500,969 in 202312, demonstrating financial stability.
Healthy asset-to-liability ratio, with assets of $500,969 and liabilities of $72,226 in 202312.
Positive net income in most recent periods (e.g., $359,276 revenue vs. $161,791 expenses in 202312).
Spending Breakdown
How Center For The Working Poor 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 Center For The Working Poor
Is Center For The Working Poor a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For The Working Poor (EIN: 208869602) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Center For The Working Poor a good charity to donate to?
Center For The Working Poor has a Mission Score of 90/100. Revenue: $899K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Center For The Working Poor?
The Employer Identification Number (EIN) for Center For The Working Poor is 208869602. 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 Center For The Working Poor spend its money?
Center For The Working Poor allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Center For The Working Poor's tax-exempt status?
You can verify Center For The Working Poor's tax-exempt status using EIN 208869602 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 Center For The Working Poor demonstrates a generally healthy financial trajectory, particularly in recent years. The organization has shown significant growth in revenue and assets, with its latest reported revenue at $359,276 and assets at $500,969 for the 202312 period, a substantial increase from previous years. This growth indicates increasing support and capacity. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice also enhances transparency by minimizing potential conflicts of interest related to executive pay.
Spending efficiency appears strong, especially given the consistent lack of officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall expense ratios (e.g., $161,791 expenses against $359,276 revenue in 202312) suggest a reasonable operational cost relative to income. The consistent growth in assets, from $20,198 in 201112 to $500,969 in 202312, further solidifies its financial stability and ability to build reserves.
Overall, the Center For The Working Poor exhibits good financial health and a high degree of transparency regarding executive compensation. The growth in financial resources, coupled with zero officer compensation, suggests an organization effectively managing its funds and prioritizing its programmatic goals. Further detailed expense breakdowns would provide even greater insight into specific spending efficiencies.