Quick charity verification for Long Island Coalition For The Homeless (EIN: 112770718)
Verdict: Long Island Coalition For The Homeless appears trustworthy
90/100Mission Score
$3.8MRevenue
$9.4MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation, which, while positive for resource allocation, can sometimes indicate complex compensation structures not captured or a reliance on external entities for executive services that are not transparently disclosed.
Strengths
Consistent revenue growth, increasing from $1,319,323 in 2017 to $3,823,532 in 2023.
Strong financial stability with assets significantly exceeding liabilities ($9,181,108 assets vs. $107,137 liabilities in 2023).
Consistent operating surpluses, such as the $361,752 surplus in 2023 ($3,823,532 revenue - $3,461,780 expenses).
No reported officer compensation across all available filings, indicating a high dedication of funds to programmatic activities.
Healthy asset base, consistently above $8.5 million for the past decade, providing a strong foundation for operations.
Spending Breakdown
How Long Island Coalition For The Homeless 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 Long Island Coalition For The Homeless
Is Long Island Coalition For The Homeless a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Island Coalition For The Homeless (EIN: 112770718) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Long Island Coalition For The Homeless a good charity to donate to?
Long Island Coalition For The Homeless has a Mission Score of 90/100. Revenue: $3.8M. Assets: $9.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Long Island Coalition For The Homeless?
The Employer Identification Number (EIN) for Long Island Coalition For The Homeless is 112770718. 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 Long Island Coalition For The Homeless spend its money?
Long Island Coalition For The Homeless allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Long Island Coalition For The Homeless's tax-exempt status?
You can verify Long Island Coalition For The Homeless's tax-exempt status using EIN 112770718 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 Long Island Coalition For The Homeless demonstrates consistent financial growth and strong asset management over the past decade. Revenue has steadily increased from $1,319,323 in 2017 to $3,823,532 in 2023, indicating growing support and capacity. The organization consistently operates with a surplus, as seen in 2023 where revenue exceeded expenses by over $360,000 ($3,823,532 vs. $3,461,780). This surplus contributes to a healthy asset base, which stood at $9,181,108 in 2023, significantly higher than its liabilities of $107,137, suggesting strong financial stability.
Spending efficiency appears robust, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and growth. The absence of reported officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice, combined with a healthy asset-to-liability ratio, paints a picture of a well-managed and financially sound organization.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial trends suggest a responsible approach to resource allocation. The consistent growth in revenue and assets, coupled with minimal liabilities and no reported officer compensation, points to a transparent and efficient operation focused on its mission.