Quick charity verification for Central Fund Of Israel (EIN: 132992985)
Verdict: Central Fund Of Israel appears trustworthy
95/100Mission Score
$97.8MRevenue
$47.3MAssets
2Red Flags
5Strengths
Red Flags
Unusually low administrative and fundraising expenses for an organization of this scale, which might suggest some costs are categorized differently or absorbed by external entities.
Consistent reporting of 0% officer compensation for an organization managing over $100 million in revenue, which is highly atypical and warrants further investigation into how leadership is compensated or structured.
Strengths
Exceptional revenue growth, more than quadrupling in less than a decade from $25.6M in 2015 to $109.1M in 2024.
Strong financial health with consistently increasing assets, reaching $39.0M in 2024 from $8.3M in 2015.
Zero reported liabilities across all filings, indicating a very stable and low-risk financial position.
High program spending efficiency, with a significant portion of expenses directed towards its mission.
No reported officer compensation, suggesting a highly volunteer-driven leadership or alternative compensation structures that minimize overhead.
Spending Breakdown
How Central Fund Of Israel allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Central Fund Of Israel
Is Central Fund Of Israel a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Fund Of Israel (EIN: 132992985) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Central Fund Of Israel a good charity to donate to?
Central Fund Of Israel has a Mission Score of 95/100. Revenue: $97.8M. Assets: $47.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Central Fund Of Israel?
The Employer Identification Number (EIN) for Central Fund Of Israel is 132992985. 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 Central Fund Of Israel spend its money?
Central Fund Of Israel allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Central Fund Of Israel's tax-exempt status?
You can verify Central Fund Of Israel's tax-exempt status using EIN 132992985 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
Central Fund Of Israel demonstrates strong financial health with consistently increasing revenue and assets over the past decade. In the latest filing (202401), the organization reported revenue of $109,179,379 against expenses of $96,119,535, indicating a healthy surplus. The organization's assets have grown significantly from $8,320,314 in 2015 to $39,023,950 in 2024, suggesting robust financial management and capacity. The consistent reporting of zero liabilities across all filings is a strong indicator of financial stability and low risk.
Spending efficiency appears high, as evidenced by the substantial program spending ratio. With no reported officer compensation, the organization minimizes administrative overhead related to executive salaries, allowing a greater proportion of funds to be directed towards its mission. The consistent growth in both revenue and assets, coupled with a low expense ratio relative to revenue, points to effective resource utilization.
Transparency is excellent, particularly given the consistent reporting of zero officer compensation and zero liabilities. The availability of 13 years of detailed IRS 990 filings provides a comprehensive view of the organization's financial trajectory and operational practices, allowing for thorough public scrutiny and demonstrating a commitment to accountability.