Is Cooperative For Assistance And Relief Everywhere Inc Legit?
Quick charity verification for Cooperative For Assistance And Relief Everywhere Inc (EIN: 131685039)
Verdict: Cooperative For Assistance And Relief Everywhere Inc appears trustworthy
85/100Mission Score
$893.9MRevenue
$612.7MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported on 990, which is unusual for an organization of this size and warrants further investigation.
Reported net losses in the last two fiscal periods (202406 and 202306), indicating expenses exceeded revenue.
Strengths
High program spending ratio (88% in 202406), demonstrating strong commitment to mission.
Significant and consistent revenue growth over the past decade, indicating strong donor support.
Substantial asset base ($623 million in 202406) providing financial stability.
Low fundraising expense ratio (5% in 202406), indicating efficient fundraising.
Spending Breakdown
How Cooperative For Assistance And Relief Everywhere Inc allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 Cooperative For Assistance And Relief Everywhere Inc
Is Cooperative For Assistance And Relief Everywhere Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cooperative For Assistance And Relief Everywhere Inc (EIN: 131685039) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Cooperative For Assistance And Relief Everywhere Inc a good charity to donate to?
Cooperative For Assistance And Relief Everywhere Inc has a Mission Score of 85/100. Revenue: $893.9M. Assets: $612.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cooperative For Assistance And Relief Everywhere Inc?
The Employer Identification Number (EIN) for Cooperative For Assistance And Relief Everywhere Inc is 131685039. 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 Cooperative For Assistance And Relief Everywhere Inc spend its money?
Cooperative For Assistance And Relief Everywhere Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cooperative For Assistance And Relief Everywhere Inc's tax-exempt status?
You can verify Cooperative For Assistance And Relief Everywhere Inc's tax-exempt status using EIN 131685039 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
Cooperative For Assistance And Relief Everywhere Inc (CARE) demonstrates a strong commitment to its programmatic mission, consistently allocating a significant portion of its expenses to program services. For instance, in the 202406 period, 88% of its total expenses were directed towards programs, indicating efficient use of donor funds for its core activities. The organization's revenue has shown substantial growth over the past decade, increasing from $529,851,140 in 201506 to $909,098,267 in 202406, reflecting strong fundraising capabilities and public support. While the organization has reported net losses in some recent periods (e.g., $20,270,143 in 202406 and $37,800,000 in 202306), its substantial asset base of over $600 million provides a buffer. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency and governance, suggesting that executive leadership is not directly compensated through the organization's funds in a manner that would be reported as officer compensation on the 990.