Quick charity verification for Chabad Of Charleston Inc (EIN: 208546631)
Verdict: Chabad Of Charleston Inc appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Latest filing shows $0 revenue and assets, contradicting historical growth.
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data.
Strengths
Consistent historical revenue growth, reaching over $3 million in 2016.
Significant asset accumulation, reaching over $7 million by 2017.
Consistently reported 0% officer compensation, indicating no executive pay.
Low expenses relative to revenue in historical filings, suggesting efficient operations or asset retention.
Spending Breakdown
How Chabad Of Charleston Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Chabad Of Charleston Inc
Is Chabad Of Charleston Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chabad Of Charleston Inc (EIN: 208546631) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Chabad Of Charleston Inc a good charity to donate to?
Chabad Of Charleston Inc has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chabad Of Charleston Inc?
The Employer Identification Number (EIN) for Chabad Of Charleston Inc is 208546631. 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 Chabad Of Charleston Inc spend its money?
Chabad Of Charleston Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chabad Of Charleston Inc's tax-exempt status?
You can verify Chabad Of Charleston Inc's tax-exempt status using EIN 208546631 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
Chabad Of Charleston Inc has demonstrated significant growth in revenue and assets over the past several years, particularly between 2011 and 2017. In 2017, the organization reported revenue of $2,438,464 and assets of $7,279,786. A notable aspect of their financial operations is the consistently low reported expenses relative to revenue, which could indicate strong financial management or a focus on asset accumulation. For instance, in 2016, they reported $3,036,823 in revenue against only $273,099 in expenses. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay.
However, the latest available data shows $0 in both revenue and assets, which is a significant discrepancy compared to previous years' filings. This could indicate a lapse in reporting, a change in operational status, or an error in the provided data. Without further clarification, it's difficult to fully assess their current financial health. The NTEE code X30 (Religious Organizations) often implies a different set of transparency expectations compared to other non-profits, but the lack of detailed expense breakdowns in the provided data makes it challenging to evaluate spending efficiency beyond the high-level figures.
Overall, the historical data suggests a financially robust organization with substantial asset growth and efficient expense management relative to income. The absence of officer compensation is a strong point for transparency. However, the most recent $0 figures for revenue and assets raise significant questions about their current operational status and financial reporting accuracy, which would need to be addressed for a complete transparency assessment.