Is Planned Parenthood Of Central And Western New York Inc Legit?

Planned Parenthood Of Central And Western New York Inc demonstrates a generally stable financial position, though recent years show expenses exceeding revenue. For instance, in 2023, expenses were $27,623,727 against revenues of $25,206,986, and in 2022, expenses were $25,584,054 against revenues of $23,953,898. This trend of operating deficits in the last two reported periods warrants attention, as sustained deficits could impact long-term sustainability. However, the organization maintains healthy asset levels, with assets of $25,255,684 in 2023, indicating a solid financial foundation to cover liabilities of $10,062,357. The organization's spending efficiency appears to prioritize program delivery, which is a positive indicator for a nonprofit. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the absence of reported officer compensation suggests a commitment to directing resources towards its mission rather than executive salaries. Transparency is generally good through its consistent IRS 990 filings, providing a clear historical financial record. The consistent growth in revenue over the past decade, from $17,708,953 in 2014 to $25,206,986 in 2023, also indicates strong donor and community support.