Quick charity verification for Housing Works Health Services Iii Inc (EIN: 133826364)
Verdict: Housing Works Health Services Iii Inc appears trustworthy
85/100Mission Score
$35.6MRevenue
$72.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure the true cost of executive leadership if compensated by a related entity.
Strengths
Consistent revenue growth over the past decade, demonstrating increasing capacity.
Significant accumulation of assets, indicating strong financial health and stability.
History of operating with a surplus, with revenues consistently exceeding expenses.
Strong financial management leading to substantial growth in organizational scale.
Spending Breakdown
How Housing Works Health Services Iii Inc 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 Housing Works Health Services Iii Inc
Is Housing Works Health Services Iii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Housing Works Health Services Iii Inc (EIN: 133826364) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Housing Works Health Services Iii Inc a good charity to donate to?
Housing Works Health Services Iii Inc has a Mission Score of 85/100. Revenue: $35.6M. Assets: $72.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Housing Works Health Services Iii Inc?
The Employer Identification Number (EIN) for Housing Works Health Services Iii Inc is 133826364. 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 Housing Works Health Services Iii Inc spend its money?
Housing Works Health Services Iii Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Housing Works Health Services Iii Inc's tax-exempt status?
You can verify Housing Works Health Services Iii Inc's tax-exempt status using EIN 133826364 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
Housing Works Health Services Iii Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, peaking at over $50 million in 2022 before a slight dip in 2023. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in most periods, contributing to a substantial increase in assets from $2.8 million in 2014 to over $57 million in 2023. This growth indicates effective financial management and an ability to expand its operational capacity.
Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the consistent surpluses. The absence of reported officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under a different related entity, which could impact the perception of transparency if not clarified. However, the overall financial health, marked by growing assets and consistent positive net income, points to a well-managed organization.
Transparency is generally good through its public 990 filings. The consistent reporting of zero officer compensation across all available filings is a notable point. While this could be a positive indicator of resource allocation, it warrants further investigation to understand the full compensation structure if leadership is compensated through a related entity, as this could otherwise be a potential area for enhanced clarity.