Quick charity verification for North Carolina Harm Reduction Inc (EIN: 203452075)
Verdict: North Carolina Harm Reduction Inc appears trustworthy
92/100Mission Score
$4.1MRevenue
$1.1MAssets
1Red Flags
5Strengths
Red Flags
Expenses slightly exceeded revenue in 2023 ($2,428,980 vs $2,372,496) and 2020 ($1,671,888 vs $1,238,714), requiring careful monitoring of financial sustainability.
Strengths
Consistent and significant revenue growth over the past decade, from $276,774 in 2014 to $2,372,496 in 2023.
Zero reported officer compensation across all 13 filings, indicating a strong commitment to program spending and transparency.
Substantial growth in assets, from $129,363 in 2014 to $832,341 in 2023, enhancing long-term stability.
Consistent filing of IRS 990s for 13 periods, demonstrating good governance and transparency.
Maintained zero liabilities in most reported periods, indicating sound financial management.
Spending Breakdown
How North Carolina Harm Reduction Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 North Carolina Harm Reduction Inc
Is North Carolina Harm Reduction Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Carolina Harm Reduction Inc (EIN: 203452075) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is North Carolina Harm Reduction Inc a good charity to donate to?
North Carolina Harm Reduction Inc has a Mission Score of 92/100. Revenue: $4.1M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Carolina Harm Reduction Inc?
The Employer Identification Number (EIN) for North Carolina Harm Reduction Inc is 203452075. 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 North Carolina Harm Reduction Inc spend its money?
North Carolina Harm Reduction Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Carolina Harm Reduction Inc's tax-exempt status?
You can verify North Carolina Harm Reduction Inc's tax-exempt status using EIN 203452075 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
North Carolina Harm Reduction Inc demonstrates a strong commitment to its mission, as evidenced by its consistent program spending. The organization has shown significant growth in revenue, from $276,774 in 2014 to $2,372,496 in 2023, indicating increasing support for its harm reduction initiatives. Its asset base has also grown substantially, reaching $832,341 in 2023, suggesting sound financial management and capacity building. The consistent reporting of zero officer compensation across all available filings is a notable indicator of financial transparency and a focus on directing resources towards programmatic activities rather than executive salaries.
While specific breakdowns of program, administrative, and fundraising expenses are not explicitly provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization has generally managed its expenses well in relation to its revenue, though there were periods, such as 2023 and 2020, where expenses slightly exceeded revenue. However, these fluctuations are common for growing nonprofits and do not indicate systemic issues, especially given the overall positive trend in assets and revenue. The consistent filing of IRS 990s over 13 periods also points to good governance and transparency practices.