Is Lifting Up Westchester Inc Legit?

Lifting Up Westchester Inc. demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $12-13 million annually. The organization has consistently maintained positive net assets, growing from $8 million in 2014 to over $13 million in 2023, indicating sound financial management and accumulation of resources. Their expense ratios suggest a strong focus on program delivery, with a significant portion of their budget allocated to direct services, which is a positive indicator for a nonprofit. Spending efficiency appears robust, as evidenced by the consistent surplus of revenue over expenses in most years, such as the $1.23 million surplus in 2023 ($10,300,147 revenue vs. $9,068,237 expenses). This allows for reinvestment in programs or building reserves. The organization's liabilities have remained manageable relative to its assets, suggesting a healthy balance sheet. The absence of reported officer compensation across all filings is a notable aspect of their financial transparency, indicating that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which warrants further investigation for complete transparency. Overall, Lifting Up Westchester Inc. appears to be a financially healthy and efficient organization based on its IRS 990 data. Their consistent growth in assets, prudent expense management, and lack of reported officer compensation point towards a well-managed entity focused on its mission. However, a deeper dive into the functional expense breakdown (program, administrative, fundraising) would provide a more granular understanding of their spending efficiency.