Is Miles & Stockbridge Health & Welfare Benefits Tr Legit?

Quick charity verification for Miles & Stockbridge Health & Welfare Benefits Tr (EIN: 203987272)

Verdict: Miles & Stockbridge Health & Welfare Benefits Tr appears trustworthy

90/100Mission Score
$4.2MRevenue
$657KAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Miles & Stockbridge Health & Welfare Benefits Tr appears to be a financially stable organization, consistently managing its expenses close to its revenue. In the latest period (202012), the organization reported revenue of $4,193,372 against expenses of $4,074,265, indicating a slight surplus. Over the past decade, its revenue has generally increased, from $2,654,977 in 201112 to over $4 million in recent years, demonstrating sustained operational capacity. The organization consistently reports zero liabilities, which is a strong indicator of financial health and low risk. The NTEE code Y44 suggests it's a 'Health & Welfare Benefits' organization, implying its primary function is to manage benefits. Given this context, the absence of officer compensation across all reported periods is a significant positive for transparency and efficiency, as it suggests that administrative costs related to executive salaries are non-existent or handled through other means not reported as officer compensation. This structure likely contributes to a higher proportion of funds being directed towards its stated purpose, although a detailed breakdown of program vs. administrative spending is not explicitly provided in the raw data.

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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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