Quick charity verification for Medford Community Housing Inc (EIN: 222895732)
Verdict: Medford Community Housing Inc appears trustworthy
75/100Mission Score
$348KRevenue
$1.5MAssets
3Red Flags
3Strengths
Red Flags
Revenue has shown significant volatility, with a large jump from $164,096 in 2022 to $408,049 in 2023, warranting further investigation into the source of this increase.
The organization's liabilities consistently exceed its assets in several years (e.g., 2022: assets $1,105,072 vs. liabilities $1,319,780), which could indicate financial strain or specific accounting for long-term debt related to housing.
The 'c0%' in the financial filings likely indicates no lobbying expenses, but further clarity on this field would be beneficial.
Strengths
Consistent asset growth over the past several years, increasing from $1,091,881 in 2016 to $1,319,642 in 2023, indicating a growing capacity.
The organization has maintained a presence and continued operations for at least 8 years based on the provided financial history.
The organization's mission in community housing is critical for local support in Medford, MA.
AI Transparency Report
Medford Community Housing Inc is a unknown nonprofit based in Medford, Massachusetts, with reported revenue of $348K and assets of $1.5M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. • Financial data is consistently available through 990 filings.
• The organization's tax-exempt status is clearly stated as a 501(c)(3).
• No specific transparency report or detailed governance documents are readily available beyond standard filings. Executive compensation information is not explicitly detailed in the provided data, suggesting it may be below reporting thresholds or included within broader administrative expenses. Revenue has grown +2947% across 13 filing periods.