Quick charity verification for Community Housing Iii Inc (EIN: 10777882)
Verdict: Community Housing Iii Inc appears trustworthy
75/100Mission Score
$239KRevenue
$2.0MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) across all reported periods, leading to asset depletion.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a precise efficiency assessment difficult.
Strengths
Zero reported officer compensation, indicating highly efficient use of funds at the executive level.
Consistent filing of IRS 990 forms, demonstrating transparency.
Maintains a substantial asset base (over $2 million in 2023) despite deficit spending, providing some financial cushion.
Spending Breakdown
How Community Housing Iii Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Housing Iii Inc
Is Community Housing Iii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Housing Iii Inc (EIN: 10777882) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Community Housing Iii Inc a good charity to donate to?
Community Housing Iii Inc has a Mission Score of 75/100. Revenue: $239K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Housing Iii Inc?
The Employer Identification Number (EIN) for Community Housing Iii Inc is 10777882. 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 Housing Iii Inc spend its money?
Community Housing Iii Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Housing Iii Inc's tax-exempt status?
You can verify Community Housing Iii Inc's tax-exempt status using EIN 10777882 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 Housing Iii Inc demonstrates consistent financial operations, primarily focused on its program services. Over the past several years, the organization has consistently reported expenses exceeding its revenue, leading to a gradual decrease in its total assets from $2,878,013 in 2014 to $2,105,721 in 2023. This trend suggests that the organization is drawing down on its reserves to cover operational costs. However, the organization maintains a healthy asset base relative to its annual revenue, indicating a degree of financial stability despite the deficit spending. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency, though it also raises questions about the scale of operations and potential reliance on external management or pro bono services.
The organization's spending efficiency appears to be high, given the zero officer compensation reported. Without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, it's challenging to precisely quantify efficiency. However, the consistent deficit spending warrants attention, as it is not a sustainable long-term financial model. Transparency is generally good with consistent IRS 990 filings, and the lack of executive compensation is a strong positive for public trust. Further detail on the nature of their expenses would enhance the assessment of their spending efficiency and overall financial health.