Is Diversity Health Center Inc Legit?

Quick charity verification for Diversity Health Center Inc (EIN: 205746618)

Verdict: Diversity Health Center Inc appears trustworthy

85/100Mission Score
$6.0MRevenue
$8.8MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Diversity Health Center Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization has seen its revenue grow significantly, from $2,053,928 in 2014 to $7,502,321 in 2023, indicating strong fundraising or service delivery capabilities. Assets have also grown substantially, reaching $9,326,277 in 2023, which provides a solid financial foundation. The organization consistently reports a positive net income, with revenues exceeding expenses in all reported periods, contributing to asset accumulation. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent positive net income suggests efficient management of resources. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being reported under other categories. This could be a strength in terms of minimizing overhead, but also warrants further investigation for complete transparency. Overall, Diversity Health Center Inc exhibits strong financial health with a clear growth trajectory. The consistent increase in assets and revenue, coupled with expenses consistently lower than revenue, points to a well-managed organization. Further detail on functional expenses would enhance the assessment of spending efficiency, but the current data suggests a financially stable and growing entity.

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Disclaimer

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

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