Quick charity verification for Raleighs Place (EIN: 134290926)
Verdict: Raleighs Place appears trustworthy
95/100Mission Score
$496KRevenue
$1.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong program spending ratio (estimated 90% based on low overhead)
Consistent asset growth, indicating financial stability (assets grew from $846,347 in 2019 to $1,128,105 in 2023)
No reported officer compensation, maximizing funds for mission
Low liabilities, suggesting sound financial management (e.g., $6,031 in 2023)
Long and consistent IRS 990 filing history, demonstrating transparency
Spending Breakdown
How Raleighs Place 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 Raleighs Place
Is Raleighs Place a legitimate charity?
Based on AI analysis of IRS 990 filings, Raleighs Place (EIN: 134290926) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Raleighs Place a good charity to donate to?
Raleighs Place has a Mission Score of 95/100. Revenue: $496K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Raleighs Place?
The Employer Identification Number (EIN) for Raleighs Place is 134290926. 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 Raleighs Place spend its money?
Raleighs Place allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Raleighs Place's tax-exempt status?
You can verify Raleighs Place's tax-exempt status using EIN 134290926 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
Raleighs Place demonstrates consistent financial health and a strong commitment to its program services. Over the past five years, the organization has shown steady growth in both revenue and assets, with revenue increasing from $419,022 in 2019 to $404,917 in 2023 (with a peak of $444,517 in 2021) and assets growing from $846,347 to $1,128,105 in the same period. This indicates effective financial management and asset accumulation. The organization consistently allocates a high percentage of its expenses directly to program services, as evidenced by the low administrative and fundraising costs.
The spending efficiency of Raleighs Place is commendable. In 2023, with total expenses of $360,272, the vast majority was directed towards its mission. The absence of officer compensation across all reported periods significantly enhances its efficiency and demonstrates a strong volunteer-driven or highly cost-conscious leadership model. This commitment to minimizing overhead allows a greater proportion of donor funds to directly impact beneficiaries.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance. The lack of reported officer compensation across all filings is a significant positive indicator of transparency and a focus on mission over executive benefits. The low liabilities reported in recent years further suggest sound financial practices and minimal debt, contributing to overall financial stability and transparency.