Quick charity verification for Mega Care Inc (EIN: 222578561)
Verdict: Mega Care Inc shows mixed signals
65/100Mission Score
$2.8MRevenue
$53.0MAssets
4Red Flags
2Strengths
Red Flags
Revenue has significantly declined from $10,492,760 in 2020 to $2,838,552 in 2023.
The organization holds substantial assets ($52,955,244 in 2023) relative to its declining revenue.
The provided data lacks specific details on program expenses, administrative costs, and fundraising expenses, making a detailed spending breakdown difficult to verify.
The 'l' field, potentially representing liabilities, shows a significant amount ($7,238,279) for several years, which then drops to $0 in 2022 and 2023, warranting further investigation.
Long operational history suggested by multiple years of financial filings.
AI Transparency Report
Mega Care Inc is a health care nonprofit based in Oceanport, New Jersey, with reported revenue of $2.8M and assets of $53.0M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Without specific compensation data, a comprehensive assessment of executive compensation is not possible; however, the lack of disclosure is a concern.