Is Lower West Side Household Services Corp…

Quick charity verification for Lower West Side Household Services Corp (EIN: 132781763)

Spending Breakdown

How Lower West Side Household Services Corp allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Lower West Side Household Services Corp

Is Lower West Side Household Services Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, Lower West Side Household Services Corp (EIN: 132781763) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Lower West Side Household Services Corp a good charity to donate to?

Lower West Side Household Services Corp has a Mission Score of 65/100. Revenue: $2.1M. Assets: $240K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lower West Side Household Services Corp?

The Employer Identification Number (EIN) for Lower West Side Household Services Corp is 132781763. 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 Lower West Side Household Services Corp spend its money?

Lower West Side Household Services Corp allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lower West Side Household Services Corp's tax-exempt status?

You can verify Lower West Side Household Services Corp's tax-exempt status using EIN 132781763 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

Lower West Side Household Services Corp exhibits a mixed financial picture. While the organization consistently reports revenue in the multi-million dollar range, its financial health appears to have deteriorated in recent years. For instance, in fiscal year 2023, expenses ($2,333,509) exceeded revenue ($2,265,161), leading to a deficit. This trend of expenses often outpacing revenue is visible in several recent filings, including 2020, 2019, 2018, 2017, 2016, and 2014, indicating potential operational challenges or reliance on reserves. The organization's assets have also shown a significant decline from a high of $661,907 in 2016 to $254,246 in 2023, while liabilities have fluctuated but remained substantial, sometimes exceeding assets as seen in 2023 ($265,798 liabilities vs. $254,246 assets) and 2021 ($681,293 liabilities vs. $429,941 assets).

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The organization's transparency is generally good due to its consistent filing of IRS Form 990s over a long period, providing a comprehensive financial history. However, the lack of specific expense category details in the provided summary limits a deeper analysis of how funds are allocated.

Overall, while the organization demonstrates a long operational history and a commitment to low executive compensation, its recent financial performance, marked by recurring deficits and declining assets, warrants closer scrutiny. Potential donors or stakeholders should seek more detailed expense breakdowns to understand the allocation of funds and the sustainability of its operations given the recent financial trends.

Is Lower West Side Household Services Corp Legit?

Verdict: Lower West Side Household Services Corp shows mixed signals

Red Flags

Strengths