Is Presbyterian Home For Central New York Inc Legit?
Quick charity verification for Presbyterian Home For Central New York Inc (EIN: 160874414)
Verdict: Presbyterian Home For Central New York Inc shows mixed signals
65/100Mission Score
$14.6MRevenue
$10.4MAssets
4Red Flags
2Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $2.1M deficit in 2023, $1.1M deficit in 2022).
Significant decline in total assets from $16.1M in 2016 to $10.0M in 2023.
Substantial decrease in revenue from $21.9M in 2019 to $14.4M in 2023.
Unusual reporting of 0% officer compensation for an organization of this size and revenue.
Strengths
Long history of IRS 990 filings (13 filings), indicating consistent reporting.
Relatively stable liabilities despite declining assets, suggesting some control over debt.
Spending Breakdown
How Presbyterian Home For Central New York Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Presbyterian Home For Central New York Inc
Is Presbyterian Home For Central New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Presbyterian Home For Central New York Inc (EIN: 160874414) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is Presbyterian Home For Central New York Inc a good charity to donate to?
Presbyterian Home For Central New York Inc has a Mission Score of 65/100. Revenue: $14.6M. Assets: $10.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Presbyterian Home For Central New York Inc?
The Employer Identification Number (EIN) for Presbyterian Home For Central New York Inc is 160874414. 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 Presbyterian Home For Central New York Inc spend its money?
Presbyterian Home For Central New York Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Presbyterian Home For Central New York Inc's tax-exempt status?
You can verify Presbyterian Home For Central New York Inc's tax-exempt status using EIN 160874414 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
Presbyterian Home For Central New York Inc has experienced a notable decline in revenue and an increase in expenses over the past few years, leading to operating deficits. For instance, in 2023, revenue was $14,441,120 against expenses of $16,530,965, and in 2022, revenue was $12,697,257 against expenses of $13,875,466. This trend of expenses exceeding revenue is a concern for long-term financial stability, especially when compared to earlier periods like 2016 where revenue ($22,087,404) exceeded expenses ($21,350,548). The organization's assets have also seen a significant decrease from a high of $16,134,184 in 2016 to $10,067,973 in 2023, while liabilities have remained relatively stable or slightly decreased, indicating a shrinking financial base. The consistent reporting of 0% officer compensation across all filings suggests a high degree of transparency regarding executive pay, or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would warrant further investigation.