Is Community Capital New York Inc Legit? —…

Quick charity verification for Community Capital New York Inc (EIN: 133544227)

Spending Breakdown

How Community Capital New York Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Community Capital New York Inc

Is Community Capital New York Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Community Capital New York Inc (EIN: 133544227) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Community Capital New York Inc a good charity to donate to?

Community Capital New York Inc has a Mission Score of 88/100. Revenue: $3.4M. Assets: $15.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Community Capital New York Inc?

The Employer Identification Number (EIN) for Community Capital New York Inc is 133544227. 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 Community Capital New York Inc spend its money?

Community Capital New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Community Capital New York Inc's tax-exempt status?

You can verify Community Capital New York Inc's tax-exempt status using EIN 133544227 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

Community Capital New York Inc demonstrates a generally healthy financial trajectory, marked by consistent asset growth and a strong revenue base. Over the past decade, the organization's assets have grown significantly from $4,176,221 in 2014 to $16,189,628 in 2023, indicating effective financial management and accumulation of resources. Revenue has also shown substantial growth, peaking at over $4.2 million in 2022, though it saw a slight dip in 2023 to $3.05 million. This growth suggests increasing capacity to fulfill its mission.

The organization appears to be spending efficiently, with expenses generally well below revenue, leading to positive net assets. For instance, in 2023, expenses were $2,023,496 against revenues of $3,053,463, resulting in a surplus. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards programs rather than executive salaries, which is a positive indicator of financial stewardship and transparency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and growth are encouraging.

Community Capital New York Inc's consistent filing history and the absence of reported officer compensation contribute to a perception of good transparency. The steady increase in assets and the ability to manage expenses below revenue demonstrate a sustainable financial model. The organization's financial stability positions it well to continue its work in the community.

Is Community Capital New York Inc Legit?

Verdict: Community Capital New York Inc appears trustworthy

Red Flags

Strengths