Is Health Research Incorporated Elizabeth Wood Legit?
Quick charity verification for Health Research Incorporated Elizabeth Wood (EIN: 141402155)
Verdict: Health Research Incorporated Elizabeth Wood appears trustworthy
85/100Mission Score
$1.8BRevenue
$845.1MAssets
2Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this scale, which may obscure actual executive remuneration structures.
Periods where expenses exceed revenue, such as in 202403 and 202103, warrant closer examination of operational efficiency and financial planning.
Strengths
Massive scale of operations with latest revenue at $1,766,610,151, indicating significant capacity for impact.
Consistent reporting of 0% officer compensation, suggesting strong commitment to minimizing executive overhead or unique governance.
Substantial and growing asset base, reaching $900,509,246 in 202403, providing financial stability.
Long filing history (13 filings) demonstrates consistent compliance and operational longevity.
Spending Breakdown
How Health Research Incorporated Elizabeth Wood allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Health Research Incorporated Elizabeth Wood
Is Health Research Incorporated Elizabeth Wood a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Research Incorporated Elizabeth Wood (EIN: 141402155) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Health Research Incorporated Elizabeth Wood a good charity to donate to?
Health Research Incorporated Elizabeth Wood has a Mission Score of 85/100. Revenue: $1.8B. Assets: $845.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Health Research Incorporated Elizabeth Wood?
The Employer Identification Number (EIN) for Health Research Incorporated Elizabeth Wood is 141402155. 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 Research Incorporated Elizabeth Wood spend its money?
Health Research Incorporated Elizabeth Wood allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Health Research Incorporated Elizabeth Wood's tax-exempt status?
You can verify Health Research Incorporated Elizabeth Wood's tax-exempt status using EIN 141402155 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 Research Incorporated Elizabeth Wood demonstrates a robust financial scale, with its latest reported revenue at $1,766,610,151 and assets at $845,122,734. The organization consistently reports zero officer compensation across all available filings, which is a significant indicator of transparency and potentially efficient use of funds at the executive level. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent reporting of expenses close to revenue suggests that the organization is actively deploying its funds. The substantial and growing asset base, alongside fluctuating but generally increasing revenues over the past decade, indicates a stable and expanding financial foundation.
However, the organization has experienced periods where expenses exceeded revenue, such as in 202403 ($1,143,061,495 expenses vs. $1,063,879,116 revenue) and 202103 ($1,179,274,604 expenses vs. $1,161,732,655 revenue). While not necessarily a red flag for a large organization with significant assets, consistent deficits could warrant closer examination of operational efficiency. The organization's NTEE code H300 (Medical Research) suggests a focus on program services, and the scale of its operations implies significant impact within its mission area. The absence of reported officer compensation is a strong positive for transparency and public trust.