Is Heal Africa Usa Legit?

Quick charity verification for Heal Africa Usa (EIN: 204104936)

Verdict: Heal Africa Usa shows mixed signals

65/100Mission Score
$366KRevenue
$123KAssets
3Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Heal Africa USA demonstrates a mixed financial picture. While the organization has consistently reported zero officer compensation, indicating good transparency regarding executive pay, its financial health has shown a concerning trend of declining revenue and increasing expenses in recent years. For instance, revenue dropped from $1,093,316 in 2020 to $574,389 in 2023, while expenses rose from $879,746 in 2020 to $718,294 in 2023. This has led to significant operating deficits, such as the $143,905 deficit in 2023 and a $382,833 deficit in 2022. The organization's assets have also decreased substantially, from a peak of $1,976,420 in 2017 to $235,311 in 2023, suggesting a depletion of reserves to cover ongoing operational shortfalls. This trend raises questions about the long-term sustainability of its operations without a significant reversal in its financial performance. The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operating deficits suggest that the organization is spending more than it is bringing in, which is not efficient in the long run. The lack of liabilities across all reported periods is a positive indicator, showing that the organization is not accumulating debt. Overall, while transparency in executive compensation is strong, the financial health and sustainability are areas of concern due to persistent deficits and declining asset base.

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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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