Is Institute Of Chung Hwa Buddhist Culture Inc Legit?
Quick charity verification for Institute Of Chung Hwa Buddhist Culture Inc (EIN: 112503369)
Verdict: Institute Of Chung Hwa Buddhist Culture Inc appears trustworthy
88/100Mission Score
$1.9MRevenue
$28.0MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown makes it difficult to fully assess program spending efficiency.
Significant asset accumulation relative to expenses could indicate underutilization of funds for immediate programmatic impact, depending on the organization's long-term goals.
Strengths
Strong and consistent asset growth, indicating financial stability and sustainability.
Consistently low reported expenses relative to revenue, suggesting efficient operations or strategic fund accumulation.
0% officer compensation reported across all filings, demonstrating a commitment to minimizing executive overhead.
Consistent filing history, indicating good transparency and compliance with IRS requirements.
Very low liabilities compared to assets, indicating a healthy balance sheet (e.g., $9,500 liabilities vs. $24,735,022 assets in 202306).
Spending Breakdown
How Institute Of Chung Hwa Buddhist Culture 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 Institute Of Chung Hwa Buddhist Culture Inc
Is Institute Of Chung Hwa Buddhist Culture Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Institute Of Chung Hwa Buddhist Culture Inc (EIN: 112503369) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
Is Institute Of Chung Hwa Buddhist Culture Inc a good charity to donate to?
Institute Of Chung Hwa Buddhist Culture Inc has a Mission Score of 88/100. Revenue: $1.9M. Assets: $28.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Institute Of Chung Hwa Buddhist Culture Inc?
The Employer Identification Number (EIN) for Institute Of Chung Hwa Buddhist Culture Inc is 112503369. 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 Institute Of Chung Hwa Buddhist Culture Inc spend its money?
Institute Of Chung Hwa Buddhist Culture Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Institute Of Chung Hwa Buddhist Culture Inc's tax-exempt status?
You can verify Institute Of Chung Hwa Buddhist Culture Inc's tax-exempt status using EIN 112503369 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
The Institute Of Chung Hwa Buddhist Culture Inc demonstrates a strong financial position with substantial and growing assets, reaching $28,013,352 in the latest period. The organization consistently reports very low expenses relative to its revenue, indicating efficient operations or significant accumulation of funds. For instance, in 202306, revenue was $2,097,514 while expenses were only $496,966. This pattern of high revenue and low expenses has led to a significant increase in assets over the past decade, from $6,880,023 in 201406 to over $28 million currently. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which is a positive indicator for donor confidence regarding executive pay. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising. The organization's transparency is good in terms of filing history and consistent reporting of key financial metrics.