Quick charity verification for Homeless Alliance (EIN: 113718005)
Verdict: Homeless Alliance appears trustworthy
90/100Mission Score
$11.8MRevenue
$10.3MAssets
1Red Flags
5Strengths
Red Flags
Unusually low reported officer compensation (0%) for an organization of this size, which might warrant further investigation into how leadership is compensated or if it's reported differently.
Strengths
Consistent and significant revenue growth over the past decade, from $1.6M in 2013 to $15.7M in 2023.
Healthy financial surpluses in recent years, with revenues exceeding expenses (e.g., $15.7M revenue vs. $12.5M expenses in 2023).
Strong asset growth, reaching over $12 million in 2023, indicating a solid financial foundation.
Zero reported officer compensation across all filings, suggesting a high dedication of funds to programs or a volunteer-led executive structure.
Low liabilities relative to assets, indicating good financial management and solvency.
Spending Breakdown
How Homeless Alliance 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 Homeless Alliance
Is Homeless Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Homeless Alliance (EIN: 113718005) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Homeless Alliance a good charity to donate to?
Homeless Alliance has a Mission Score of 90/100. Revenue: $11.8M. Assets: $10.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Homeless Alliance?
The Employer Identification Number (EIN) for Homeless Alliance is 113718005. 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 Homeless Alliance spend its money?
Homeless Alliance allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Homeless Alliance's tax-exempt status?
You can verify Homeless Alliance's tax-exempt status using EIN 113718005 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
Homeless Alliance demonstrates strong financial health and growth, with revenues consistently exceeding expenses in recent years. For the fiscal period ending 202306, the organization reported revenues of $15,708,964 against expenses of $12,502,921, indicating a healthy surplus. This trend of revenue growth, from $1,604,696 in 2013 to over $15 million in 2023, suggests increasing capacity and donor support. The organization's assets have also grown significantly, reaching $12,067,213 in 2023, providing a solid financial foundation. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards its mission, rather than executive salaries. This practice enhances public trust and suggests efficient resource allocation.