Quick charity verification for Hudson Valley Hospice Inc (EIN: 141638619)
Verdict: Hudson Valley Hospice Inc appears trustworthy
90/100Mission Score
$57.1MRevenue
$41.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent and significant revenue growth, from $8.8M in 2015 to $46.6M in 2023.
Strong asset accumulation, growing from $6.2M in 2015 to $40.2M in 2023.
Consistent positive net income (revenue exceeding expenses) in recent years.
0% reported officer compensation across all available filings, indicating high dedication to mission.
Healthy financial reserves with assets significantly exceeding liabilities (e.g., $40.2M assets vs. $11.9M liabilities in 202312).
Spending Breakdown
How Hudson Valley Hospice 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 Hudson Valley Hospice Inc
Is Hudson Valley Hospice Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hudson Valley Hospice Inc (EIN: 141638619) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Hudson Valley Hospice Inc a good charity to donate to?
Hudson Valley Hospice Inc has a Mission Score of 90/100. Revenue: $57.1M. Assets: $41.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hudson Valley Hospice Inc?
The Employer Identification Number (EIN) for Hudson Valley Hospice Inc is 141638619. 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 Hudson Valley Hospice Inc spend its money?
Hudson Valley Hospice Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hudson Valley Hospice Inc's tax-exempt status?
You can verify Hudson Valley Hospice Inc's tax-exempt status using EIN 141638619 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
Hudson Valley Hospice Inc. demonstrates strong financial health and growth, with revenue consistently exceeding expenses in recent years. For the 202312 period, the organization reported revenues of $46,666,807 against expenses of $42,509,052, indicating a healthy surplus. This trend of positive net income has allowed the organization to significantly increase its assets, growing from $10,688,704 in 201912 to $40,270,456 in 202312. The organization's NTEE code P74Z suggests a focus on hospice care, which is a direct service program. The consistent growth in revenue and assets, coupled with a lack of reported officer compensation, suggests a commitment to mission and efficient use of funds, although a detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of spending efficiency.
The organization's financial trajectory shows remarkable expansion, with revenue nearly quadrupling from $11,413,484 in 201612 to $46,666,807 in 202312. This sustained growth indicates strong demand for its services and effective financial management. The absence of reported officer compensation across all provided filings is a significant positive indicator for transparency and dedication to mission, as it suggests that leadership is not drawing salaries from the organization. However, without a detailed functional expense breakdown, it's challenging to definitively assess the exact proportion of funds directly allocated to program services versus administrative or fundraising activities.