Quick charity verification for Chapin Home For The Aging (EIN: 135601035)
Verdict: Chapin Home For The Aging appears trustworthy
75/100Mission Score
$20.6MRevenue
$38.2MAssets
3Red Flags
4Strengths
Red Flags
Consistent decline in assets over recent years (from $66M in 2017 to $47M in 2022)
Expenses frequently exceeding revenue in recent periods (e.g., 2022: $21.5M expenses vs. $19.6M revenue)
Unusually low (0%) officer compensation for an organization of this size, which may warrant further inquiry into compensation structures.
Strengths
Strong mission focus, indicated by NTEE code E910 for aging services.
Consistent reporting of 0% officer compensation, suggesting a high dedication to directing funds to programs.
Substantial asset base ($38,231,524 latest, $47,586,675 in 2022) providing financial stability despite recent trends.
Long operating history with 12 filings, indicating established presence and experience.
Spending Breakdown
How Chapin Home For The Aging 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 Chapin Home For The Aging
Is Chapin Home For The Aging a legitimate charity?
Based on AI analysis of IRS 990 filings, Chapin Home For The Aging (EIN: 135601035) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Chapin Home For The Aging a good charity to donate to?
Chapin Home For The Aging has a Mission Score of 75/100. Revenue: $20.6M. Assets: $38.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Chapin Home For The Aging?
The Employer Identification Number (EIN) for Chapin Home For The Aging is 135601035. 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 Chapin Home For The Aging spend its money?
Chapin Home For The Aging allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Chapin Home For The Aging's tax-exempt status?
You can verify Chapin Home For The Aging's tax-exempt status using EIN 135601035 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
Chapin Home For The Aging demonstrates a consistent commitment to its mission of serving the aging population, as evidenced by its NTEE code E910. The organization has maintained a substantial asset base, though it has seen a decline from a high of $66,174,811 in 2017 to $47,586,675 in 2022. This trend, coupled with expenses frequently exceeding revenue in recent years (e.g., 2022 expenses of $21,579,673 against revenue of $19,603,332), suggests a period of financial strain or strategic investment drawdown. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing resources towards programs rather than executive salaries, which is a positive sign for transparency and efficiency.
While the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The organization's ability to sustain operations despite revenue shortfalls in several years indicates either reliance on reserves or other non-operating income sources. Further analysis of the full 990 forms would be necessary to fully understand the spending efficiency and the specific allocation of funds, but the available data points to a financially stable organization that has been navigating some operational challenges while maintaining a strong focus on its mission.