Quick charity verification for Island Housing Trust (EIN: 222993615)
Verdict: Island Housing Trust appears trustworthy
85/100Mission Score
$2.5MRevenue
$7.6MAssets
1Red Flags
3Strengths
Red Flags
Lack of detailed program expense breakdown on public filings and website.
Strengths
Consistent revenue growth over several years, indicating strong donor support.
Healthy asset growth from $426,267 in 2016 to $7,589,316 in 2023, demonstrating effective asset management.
Low liabilities relative to assets, indicating financial stability.
AI Transparency Report
Island Housing Trust is a housing & shelter nonprofit based in Mount Desert, Maine, with reported revenue of $2.5M and assets of $7.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. • The organization's website lacks a dedicated transparency report or easy access to financial documents beyond the 990s.
• Detailed breakdowns of program expenses are not readily available, making it difficult to assess specific impact areas. Executive compensation is not reported on the available 990 filings, suggesting it falls below the reporting threshold or is not applicable, which is a positive indicator for a smaller nonprofit. Revenue has grown +230% across 13 filing periods.