Is League Of Voluntary Hospitals & Homes Of New York Legit?
Quick charity verification for League Of Voluntary Hospitals & Homes Of New York (EIN: 132601380)
Verdict: League Of Voluntary Hospitals & Homes Of New York appears trustworthy
85/100Mission Score
$5.1MRevenue
$18.6MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation, which may obscure the true cost of leadership if compensated through other means.
Strengths
Consistent asset growth, increasing from $7.7 million in 2014 to $14.8 million in 2023.
Positive net income in most recent years, indicating financial sustainability (e.g., $1.4 million surplus in 2023).
Low liabilities relative to assets, demonstrating a strong balance sheet ($772,240 liabilities vs. $14.8 million assets in 2023).
Consistent filing of IRS 990 forms, indicating transparency in financial reporting.
Spending Breakdown
How League Of Voluntary Hospitals & Homes Of New York allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 League Of Voluntary Hospitals & Homes Of New York
Is League Of Voluntary Hospitals & Homes Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, League Of Voluntary Hospitals & Homes Of New York (EIN: 132601380) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is League Of Voluntary Hospitals & Homes Of New York a good charity to donate to?
League Of Voluntary Hospitals & Homes Of New York has a Mission Score of 85/100. Revenue: $5.1M. Assets: $18.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for League Of Voluntary Hospitals & Homes Of New York?
The Employer Identification Number (EIN) for League Of Voluntary Hospitals & Homes Of New York is 132601380. 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 League Of Voluntary Hospitals & Homes Of New York spend its money?
League Of Voluntary Hospitals & Homes Of New York allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify League Of Voluntary Hospitals & Homes Of New York's tax-exempt status?
You can verify League Of Voluntary Hospitals & Homes Of New York's tax-exempt status using EIN 132601380 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 League Of Voluntary Hospitals & Homes Of New York demonstrates consistent financial health with a positive net income in most recent years. For example, in 2023, revenue was $5,475,760 against expenses of $4,051,098, indicating a surplus. The organization's assets have also shown steady growth, increasing from $7,776,311 in 2014 to $14,836,987 in 2023, suggesting good financial management and accumulation of reserves. Liabilities have remained relatively stable and manageable compared to assets, with $772,240 in 2023 against $14,836,987 in assets.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which is highly unusual for an organization of this size and revenue. This suggests that the organization's leadership may be compensated through other means or that the organization operates with a volunteer or externally funded leadership structure, which would significantly reduce administrative overhead. Without a detailed breakdown of functional expenses (program, administrative, fundraising) from the provided data, a precise efficiency ratio cannot be calculated, but the lack of reported officer compensation is a notable positive indicator.
Transparency is generally good through its consistent IRS 990 filings. However, the absence of reported officer compensation for an organization with over $5 million in annual revenue warrants further investigation to understand the full compensation structure for its leadership. While the provided data doesn't allow for a deep dive into program specifics, the consistent financial reporting and asset growth point to a well-managed entity.