Quick charity verification for Hasang Caritas International Relief (EIN: 202457676)
Verdict: Hasang Caritas International Relief appears trustworthy
90/100Mission Score
$561KRevenue
$156KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high mission focus.
Significant revenue growth in recent years, from ~$200k to over $500k.
Growing asset base, from $75,512 in 2015 to $249,055 in 2023.
Low liabilities across most filing periods, demonstrating sound financial management.
Positive net income in most recent periods (e.g., $65,343 in 2023, $7,229 in 2022).
Spending Breakdown
How Hasang Caritas International Relief allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Hasang Caritas International Relief
Is Hasang Caritas International Relief a legitimate charity?
Based on AI analysis of IRS 990 filings, Hasang Caritas International Relief (EIN: 202457676) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Hasang Caritas International Relief a good charity to donate to?
Hasang Caritas International Relief has a Mission Score of 90/100. Revenue: $561K. Assets: $156K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hasang Caritas International Relief?
The Employer Identification Number (EIN) for Hasang Caritas International Relief is 202457676. 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 Hasang Caritas International Relief spend its money?
Hasang Caritas International Relief allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hasang Caritas International Relief's tax-exempt status?
You can verify Hasang Caritas International Relief's tax-exempt status using EIN 202457676 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
Hasang Caritas International Relief demonstrates a fluctuating but generally positive financial trajectory, with recent revenue reaching $560,960. The organization's assets have shown growth, increasing from $75,512 in 2015 to $249,055 in 2023, indicating a strengthening financial position. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging.
The organization's revenue has seen significant spikes, particularly in 2022 ($558,483) and the latest reported period ($560,960), compared to earlier years where revenue hovered around $200,000. This growth suggests increased donor support or expanded operations. The low liabilities reported in most years (often $0, with $31,789 in 2023) indicate good financial management and a low debt burden. To fully assess transparency and efficiency, more granular expense data would be beneficial, but the lack of executive compensation is a strong positive indicator.
Overall, Hasang Caritas International Relief appears to be a financially stable organization with a clear focus on its mission, as evidenced by its growth in assets and zero reported officer compensation. The organization's ability to manage liabilities effectively and grow its revenue base points to a well-managed operation. Further transparency regarding the allocation of expenses into program, administrative, and fundraising categories would enhance its overall financial health assessment.