Quick charity verification for Leo House (EIN: 135563398)
Verdict: Leo House appears trustworthy
92/100Mission Score
$5.2MRevenue
$9.6MAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in the most recent 2023 filing, resulting in a net deficit of $181,731.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication.
Strong program spending ratio, with an estimated 90% of expenses directed to programs.
Stable asset base, consistently maintaining assets between $9-11 million over the past decade.
Long history of consistent IRS 990 filings, demonstrating transparency and accountability.
Positive revenue growth trend in recent years, from $2,085,568 in 2020 to $4,168,918 in 2023.
Spending Breakdown
How Leo House allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Leo House
Is Leo House a legitimate charity?
Based on AI analysis of IRS 990 filings, Leo House (EIN: 135563398) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Leo House a good charity to donate to?
Leo House has a Mission Score of 92/100. Revenue: $5.2M. Assets: $9.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leo House?
The Employer Identification Number (EIN) for Leo House is 135563398. 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 Leo House spend its money?
Leo House allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leo House's tax-exempt status?
You can verify Leo House's tax-exempt status using EIN 135563398 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
Leo House demonstrates a generally stable financial position, with assets consistently around $9-11 million over the past decade. While revenue has fluctuated, it has shown a positive trend in recent years, increasing from $2,085,568 in 2020 to $4,168,918 in 2023. The organization's expenses have largely tracked revenue, indicating operational stability. However, the 2023 filing shows expenses ($4,350,649) exceeding revenue ($4,168,918), resulting in a net deficit for that period, which warrants monitoring.
The organization's spending efficiency appears to be strong, with a significant portion of its expenses directed towards program services. The consistent reporting of 0% officer compensation across all available filings suggests a lean administrative structure at the executive level, contributing to higher program efficiency. Transparency is good, with consistent 990 filings available over a long period, providing a clear financial history.
Overall, Leo House appears to be a financially sound organization with a strong commitment to its mission, as evidenced by its program spending and lack of executive compensation. The recent deficit in 2023 is a minor concern but does not overshadow the overall positive financial trajectory and operational efficiency.