Is District Council 1707 Home Care Employers Health And Welfare Fund Legit?

Quick charity verification for District Council 1707 Home Care Employers Health And Welfare Fund (EIN: 133505523)

Verdict: District Council 1707 Home Care Employers Health And Welfare Fund appears trustworthy

70/100Mission Score

$6.0MRevenue

$22.5MAssets

2Red Flags

3Strengths

Red Flags

Significant and consistent decline in revenue over the past decade, from $16.3M in 2014 to $6.0M in 2023.
Unusually low (0%) reported officer compensation for an organization with multi-million dollar assets and expenses, which may obscure true administrative costs if compensated by an affiliate.

Strengths

Maintained a strong asset base, consistently above $21 million, providing financial stability.
Liabilities have decreased over time, from $5.4M in 2014 to $3.1M in 2023, improving the balance sheet.
Consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency.

Spending Breakdown

How District Council 1707 Home Care Employers Health And Welfare Fund allocates its funds across programs, administration, and fundraising.

90%

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 District Council 1707 Home Care Employers Health And Welfare Fund

Is District Council 1707 Home Care Employers Health And Welfare Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, District Council 1707 Home Care Employers Health And Welfare Fund (EIN: 133505523) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

Is District Council 1707 Home Care Employers Health And Welfare Fund a good charity to donate to?

District Council 1707 Home Care Employers Health And Welfare Fund has a Mission Score of 70/100. Revenue: $6.0M. Assets: $22.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for District Council 1707 Home Care Employers Health And Welfare Fund?

The Employer Identification Number (EIN) for District Council 1707 Home Care Employers Health And Welfare Fund is 133505523. 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 District Council 1707 Home Care Employers Health And Welfare Fund spend its money?

District Council 1707 Home Care Employers Health And Welfare Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify District Council 1707 Home Care Employers Health And Welfare Fund's tax-exempt status?

You can verify District Council 1707 Home Care Employers Health And Welfare Fund's tax-exempt status using EIN 133505523 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

District Council 1707 Home Care Employers Health And Welfare Fund appears to be a health and welfare fund, which typically operates differently from traditional public charities. Its financial health shows a fluctuating trend in revenue and expenses over the past decade. For instance, revenue has significantly decreased from $16,349,954 in 2014 to $6,064,532 in 2023, indicating a substantial reduction in its financial inflows. Despite this, the organization has maintained a healthy asset base, with assets consistently above $21 million, reaching $21,942,172 in 2023, which suggests a degree of financial stability. The liabilities have also decreased over time, from $5,490,787 in 2014 to $3,174,613 in 2023, further strengthening its balance sheet.

Spending efficiency for a health and welfare fund is often measured by its ability to provide benefits to its members. Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise assessment of spending efficiency is challenging. However, the consistent reporting of 0% officer compensation across all filings suggests a lean approach to executive pay, which is a positive indicator for resource allocation. The organization's primary function is likely to disburse health and welfare benefits, and the overall expenses generally align with or are slightly below revenue in most years, indicating that funds are being utilized for their intended purpose.

Transparency, based on the provided data, is reasonable given the consistent filing of IRS Form 990s over 13 periods. The absence of officer compensation is a notable point. However, without more granular expense data, it's difficult to fully assess the efficiency of its spending on its core mission versus administrative overhead. The organization's nature as a health and welfare fund implies a focus on member benefits, and the financial trends suggest it is managing its resources to continue providing these benefits, albeit with a shrinking revenue base.

View Full Transparency Report →

Disclaimer

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