Is Icc Wesley Foundation Legit?

Quick charity verification for Icc Wesley Foundation (EIN: 202115291)

Verdict: Icc Wesley Foundation appears trustworthy

85/100Mission Score
$91KRevenue
$121KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

The Icc Wesley Foundation appears to be in a stable financial position, reporting $91,271 in revenue against $80,896 in expenses for the 202406 period, resulting in a surplus. With $120,868 in assets and no reported liabilities, the organization demonstrates strong financial solvency. The absence of reported officer compensation indicates that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which can be a positive sign for donor confidence regarding direct program spending. However, without a more detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the overall surplus. The organization's NTEE code X20 suggests a focus on 'Religious, Spiritual, and Faith-Based' activities, which aligns with a 'Wesley Foundation' designation typically associated with Methodist campus ministries. The relatively small scale of operations, with under $100,000 in annual revenue, means that even small fluctuations in expenses can significantly impact financial health. The lack of reported officer compensation is a strong indicator of efficient use of funds, potentially maximizing resources for its mission. Transparency is generally good given the public filing, but a more granular expense breakdown would further enhance understanding of how funds are allocated across programs, administration, and fundraising.

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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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