Is Humane Society Of Westchester Inc Legit?

Quick charity verification for Humane Society Of Westchester Inc (EIN: 131740009)

Verdict: Humane Society Of Westchester Inc appears trustworthy

92/100Mission Score
$1.8MRevenue
$10.1MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Humane Society Of Westchester Inc demonstrates strong financial health and growth over the past decade. Revenue has shown a significant upward trend, more than tripling from $1,181,924 in 2017 to $3,669,244 in 2023. This growth has allowed for substantial asset accumulation, increasing from $1,664,020 in 2017 to over $9 million in 2023, indicating robust financial stability and capacity for future operations. The organization consistently reports 0% officer compensation, which is a positive indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. Spending efficiency appears strong, with expenses generally well below revenue, leading to consistent surpluses that contribute to asset growth. For example, in 2023, expenses were $1,581,043 against revenues of $3,669,244, resulting in a significant surplus. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of financial transparency regarding leadership remuneration. The low liabilities relative to assets further underscore a healthy balance sheet. Overall, the Humane Society Of Westchester Inc appears to be a financially sound and well-managed organization. Its consistent revenue growth, prudent expense management, and lack of reported officer compensation contribute to a positive assessment of its financial health, spending efficiency, and transparency. The substantial increase in assets provides a strong foundation for its ongoing operations and mission fulfillment.

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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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