Quick charity verification for House Of The Good Shepherd (EIN: 150532199)
Verdict: House Of The Good Shepherd appears trustworthy
85/100Mission Score
$41.3MRevenue
$28.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure executive pay if categorized elsewhere.
Strengths
Consistent revenue growth over the past decade, from $24.58M in 2014 to $39.80M in 2023.
Expenses consistently below revenue, indicating sound financial management and positive net income.
Steady growth in assets, from $18.45M in 2014 to $26.82M in 2023, enhancing long-term stability.
Strong financial health with a positive trend in growth and asset accumulation.
AI Transparency Report
House Of The Good Shepherd demonstrates a consistent pattern of financial growth and responsible management. Over the past decade, the organization's revenue has steadily increased from $24.58 million in 2014 to $39.80 million in 2023, indicating strong fundraising or service delivery capabilities. Expenses have generally remained below revenue, allowing for asset growth from $18.45 million to $26.82 million over the same period. The organization's liabilities have also shown fluctuations but appear manageable relative to its assets.
The organization's spending efficiency appears robust, with a significant portion of its expenditures likely directed towards program services, given the consistent positive net income. The absence of reported officer compensation across all available filings is a notable indicator of either a volunteer-led executive team or compensation being reported under different categories, which warrants further investigation for complete transparency. Overall, the financial health appears stable with a positive trend in growth and asset accumulation.