Is Lucy Burns Institute Inc Legit?

Quick charity verification for Lucy Burns Institute Inc (EIN: 208036372)

Verdict: Lucy Burns Institute Inc appears trustworthy

95/100Mission Score
$8.9MRevenue
$5.6MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The Lucy Burns Institute Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past five years, revenue has grown from $5,370,976 in 2019 to $8,728,531 in 2023, indicating strong donor support or program expansion. The organization consistently maintains a positive net asset position, with assets growing from $1,933,871 in 2019 to $5,877,676 in 2023, suggesting sound financial management and accumulation of reserves. Their liabilities are consistently a small fraction of their assets, indicating low financial risk. Spending efficiency appears strong, with expenses generally tracking closely to revenue, particularly in the most recent fiscal year (2023) where expenses were $8,657,417 against revenues of $8,728,531. This suggests that the organization is effectively deploying its resources annually. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a volunteer-led or very lean executive structure. Overall, the Lucy Burns Institute Inc exhibits robust financial health, efficient resource utilization, and exceptional transparency regarding executive compensation. The consistent growth in revenue and assets, coupled with low liabilities and zero reported officer compensation, paints a picture of a well-managed and mission-focused organization.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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