Is Heart Share Human Services Of New York Legit?

Quick charity verification for Heart Share Human Services Of New York (EIN: 111633549)

Verdict: Heart Share Human Services Of New York appears trustworthy

75/100Mission Score
$128.6MRevenue
$124.1MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Heart Share Human Services Of New York allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Heart Share Human Services Of New York

Is Heart Share Human Services Of New York a legitimate charity?

Based on AI analysis of IRS 990 filings, Heart Share Human Services Of New York (EIN: 111633549) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Heart Share Human Services Of New York a good charity to donate to?

Heart Share Human Services Of New York has a Mission Score of 75/100. Revenue: $128.6M. Assets: $124.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Heart Share Human Services Of New York?

The Employer Identification Number (EIN) for Heart Share Human Services Of New York is 111633549. 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 Heart Share Human Services Of New York spend its money?

Heart Share Human Services Of New York allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Heart Share Human Services Of New York's tax-exempt status?

You can verify Heart Share Human Services Of New York's tax-exempt status using EIN 111633549 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

Heart Share Human Services Of New York demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in fiscal year 2023, the organization reported revenues of $120,928,872 against expenses of $118,870,556, indicating a slight surplus. The organization's assets have shown significant growth, particularly between 2020 and 2021, jumping from $65,753,594 to $135,027,359, which could reflect strategic investments or capital improvements. While the provided data indicates 'Officer Comp=0%', this typically means compensation for officers is not reported on Part VII of the 990, which could be due to various reasons such as being compensated by a related organization or falling below reporting thresholds, and does not necessarily mean no compensation is paid. Further investigation into the full 990 forms would be needed to fully assess executive compensation and detailed spending efficiency. The organization's financial health appears stable, managing large budgets effectively. The consistent growth in revenue, from $89,131,785 in 2014 to $120,928,872 in 2023, suggests a robust funding model. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. The NTEE code P200 (Human Services - Multipurpose and Other) suggests a broad mission, and the scale of operations implies significant impact within its service areas. The lack of reported officer compensation on the summary data is a point that warrants deeper scrutiny for full transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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