Quick charity verification for Hampton Library In Bridgehampton Inc (EIN: 112007389)
Verdict: Hampton Library In Bridgehampton Inc appears trustworthy
92/100Mission Score
$2.6MRevenue
$10.7MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong program spending ratio, indicating efficient use of funds for its mission.
Consistent growth in assets, demonstrating financial stability and prudent management.
Extremely low liabilities relative to assets, suggesting minimal financial risk.
No reported officer compensation, enhancing transparency and trust.
Positive revenue trend, indicating growing support and sustainability.
AI Transparency Report
Hampton Library In Bridgehampton Inc demonstrates consistent financial stability and strong program focus. Over the past decade, the organization has consistently maintained a healthy asset base, growing from $8.8 million in 2014 to over $10 million in 2023, while keeping liabilities very low, often less than 1% of assets. This indicates sound financial management and a strong balance sheet. The library consistently spends a significant majority of its expenses on program services, with administrative and fundraising costs remaining low, suggesting efficient use of donor funds for its core mission. The absence of reported officer compensation further enhances its transparency and commitment to directing resources towards its charitable purpose.