Is Housing Virginia Campaign Inc Legit?

Quick charity verification for Housing Virginia Campaign Inc (EIN: 200631947)

Verdict: Housing Virginia Campaign Inc appears trustworthy

95/100Mission Score
$1.3MRevenue
$1.1MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Housing Virginia Campaign Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $1,072,443 in revenue for the 202312 period. The organization has maintained a positive net asset position, growing from $204,648 in 2015 to $863,837 in 2023, indicating sound financial management and accumulation of resources. Their liabilities have remained relatively low, with $72,288 in 2023, suggesting good liquidity and limited financial risk. Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most recent years, such as $1,072,443 in revenue against $923,325 in expenses in 2023. The organization's commitment to its mission is further supported by the reported 0% officer compensation across all available filings, which suggests that resources are primarily directed towards programmatic activities rather than executive salaries. This practice enhances public trust and indicates a high degree of financial prudence. Transparency is excellent, particularly given the consistent reporting of 0% officer compensation, which is a clear indicator of how funds are being allocated at the top level. The availability of 13 years of filing history also provides a comprehensive view of the organization's financial evolution, allowing for thorough analysis and demonstrating a commitment to public accountability.

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Disclaimer

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

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