Revenue has been highly inconsistent, ranging from $3,039 in 2022 to $1,056,775 in 2023, making financial forecasting challenging.
The significant jump in revenue from $3,039 in 2022 to over $1 million in 2023 warrants further investigation into its source and sustainability.
Strengths
The organization maintains substantial assets, with $2,321,654 reported in 2023, indicating financial stability.
Consistently low liabilities (l0) and no reported credit card debt (c0%) across all years suggest sound financial management.
Spending Breakdown
How Redeemer Lutheran Housing 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 Redeemer Lutheran Housing Inc
Is Redeemer Lutheran Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Redeemer Lutheran Housing Inc (EIN: 222209107) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Redeemer Lutheran Housing Inc a good charity to donate to?
Redeemer Lutheran Housing Inc has a Mission Score of 75/100. Revenue: $1.1M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Redeemer Lutheran Housing Inc?
The Employer Identification Number (EIN) for Redeemer Lutheran Housing Inc is 222209107. 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 Redeemer Lutheran Housing Inc spend its money?
Redeemer Lutheran Housing Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Redeemer Lutheran Housing Inc's tax-exempt status?
You can verify Redeemer Lutheran Housing Inc's tax-exempt status using EIN 222209107 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
Redeemer Lutheran Housing Inc is a philanthropy, voluntarism & grantmaking nonprofit based in Vineland, New Jersey, with reported revenue of $1.1M and assets of $2.3M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation cannot be assessed as no specific figures for salaries or compensation were provided in the available data. Revenue has declined -97% across 13 filing periods.