Is Charles R Wood Foundation Legit?

Quick charity verification for Charles R Wood Foundation (EIN: 222237193)

Verdict: Charles R Wood Foundation appears trustworthy

85/100Mission Score
$34.0MRevenue
$45.7MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

Spending Breakdown

How Charles R Wood Foundation allocates its funds across programs, administration, and fundraising.

95%
Program Spending
Healthy — majority goes to mission
3%
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 Charles R Wood Foundation

Is Charles R Wood Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Charles R Wood Foundation (EIN: 222237193) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.

Is Charles R Wood Foundation a good charity to donate to?

Charles R Wood Foundation has a Mission Score of 85/100. Revenue: $34.0M. Assets: $45.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Charles R Wood Foundation?

The Employer Identification Number (EIN) for Charles R Wood Foundation is 222237193. 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 Charles R Wood Foundation spend its money?

Charles R Wood Foundation allocates 95% to programs, 3% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Charles R Wood Foundation's tax-exempt status?

You can verify Charles R Wood Foundation's tax-exempt status using EIN 222237193 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

Charles R Wood Foundation is a unknown nonprofit based in Wilmington, Delaware, with reported revenue of $34.0M and assets of $45.7M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 95% of spending goes to programs, 3% to administration, and 2% to fundraising. Executive compensation is not reported in the provided data, suggesting that key personnel may be volunteers or compensated through other means not detailed in the summary financial figures. Revenue has grown +251% across 10 filing periods.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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