Quick charity verification for Erie County Spca (EIN: 160425315)
Verdict: Erie County Spca appears trustworthy
90/100Mission Score
$13.6MRevenue
$31.9MAssets
1Red Flags
4Strengths
Red Flags
Unusually low reported officer compensation (0%) for an organization of this size, which might warrant further investigation into how executive leadership is compensated or structured.
Strengths
Consistent asset growth, from $15.6M in 2014 to $27.6M in 2023, indicating strong financial management.
Healthy revenue streams, with latest reported revenue at $13,590,022.
Low liabilities relative to assets, suggesting strong solvency and financial stability.
Remarkable transparency regarding officer compensation, reporting 0% across all filings.
AI Transparency Report
The Erie County SPCA demonstrates a strong financial position with consistent growth in assets and revenue over the past decade. In the latest filing (202309), the organization reported revenues of $9,555,454 against expenses of $9,498,123, indicating a near break-even operational year. This follows several years of significant revenue exceeding expenses, contributing to a healthy asset base of $27,635,277. The organization's liabilities remain relatively low compared to its assets, suggesting good financial management and solvency. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries.