Is Health Management Group Ltd Legit? —…

Strengths

Consistent positive net income, with revenue generally exceeding expenses (e.g., $10,493,306 revenue vs. $9,933,031 expenses in 2023).
Long history of IRS 990 filings (13 filings), indicating strong compliance and transparency.
Stable financial operations with growing revenue over the past decade (from $4,376,621 in 2014 to $10,493,306 in 2023).
Significant asset base ($8,751,110 in 2023) providing financial stability.

Spending Breakdown

How Health Management Group Ltd allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Health Management Group Ltd

Is Health Management Group Ltd a legitimate charity?

Based on AI analysis of IRS 990 filings, Health Management Group Ltd (EIN: 161396939) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Health Management Group Ltd a good charity to donate to?

Health Management Group Ltd has a Mission Score of 80/100. Revenue: $11.1M. Assets: $9.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Health Management Group Ltd?

The Employer Identification Number (EIN) for Health Management Group Ltd is 161396939. 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 Health Management Group Ltd spend its money?

Health Management Group Ltd allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Health Management Group Ltd's tax-exempt status?

You can verify Health Management Group Ltd's tax-exempt status using EIN 161396939 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

Health Management Group Ltd demonstrates consistent financial operations with revenues generally exceeding expenses, indicating a stable financial position. For instance, in 2023, revenue was $10,493,306 against expenses of $9,933,031. The organization's assets have fluctuated, peaking around $13 million in 2020-2021, and currently stand at $8,751,110 as of the 2023 filing. Liabilities have also seen significant variation, from $7,710,099 in 2020 to $1,984,069 in 2023, suggesting active financial management or changes in operational structure.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent positive net income (revenue minus expenses) across most years suggests that the organization is managing its overall expenditures effectively relative to its income. The absence of reported officer compensation across all available filings is a notable point regarding executive remuneration and could indicate a volunteer-led executive structure or that compensation is reported under other expense categories.

Transparency appears to be strong given the consistent filing of IRS Form 990s over 13 periods. The lack of reported officer compensation, while potentially positive, also means less detail is available on how leadership is compensated, which could be a point for further inquiry to fully understand the organization's operational costs. Overall, the organization appears financially sound, but a deeper dive into expense categorization would provide a clearer picture of spending efficiency.

Is Health Management Group Ltd Legit?

Verdict: Health Management Group Ltd appears trustworthy

Red Flags