Is Refugee Support Services Of Thecarolinas Inc Legit?

Quick charity verification for Refugee Support Services Of Thecarolinas Inc (EIN: 205972063)

Verdict: Refugee Support Services Of Thecarolinas Inc appears trustworthy

92/100Mission Score
$1.5MRevenue
$777KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Refugee Support Services Of Thecarolinas Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
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 Refugee Support Services Of Thecarolinas Inc

Is Refugee Support Services Of Thecarolinas Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Refugee Support Services Of Thecarolinas Inc (EIN: 205972063) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Refugee Support Services Of Thecarolinas Inc a good charity to donate to?

Refugee Support Services Of Thecarolinas Inc has a Mission Score of 92/100. Revenue: $1.5M. Assets: $777K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Refugee Support Services Of Thecarolinas Inc?

The Employer Identification Number (EIN) for Refugee Support Services Of Thecarolinas Inc is 205972063. 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 Refugee Support Services Of Thecarolinas Inc spend its money?

Refugee Support Services Of Thecarolinas Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Refugee Support Services Of Thecarolinas Inc's tax-exempt status?

You can verify Refugee Support Services Of Thecarolinas Inc's tax-exempt status using EIN 205972063 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

Refugee Support Services Of Thecarolinas Inc demonstrates a consistent pattern of growth in revenue and assets over the past several years, indicating increasing capacity to serve its mission. For instance, revenue grew from $223,258 in 2016 to $1,171,704 in 2023, and assets increased from $87,074 to $665,661 in the same period. The organization appears to be financially stable, with expenses generally tracking closely with revenue, suggesting efficient use of incoming funds. The latest filing shows expenses of $1,168,615 against revenues of $1,171,704, resulting in a small surplus. Regarding spending efficiency, the organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a commitment to directing resources towards programs rather than executive salaries. While a detailed functional expense breakdown is not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's liabilities have remained relatively low compared to its assets, further supporting its financial health. Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of 0% officer compensation is a positive transparency signal, as it clearly indicates that no funds are being allocated to executive salaries. To further enhance transparency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial for a more granular assessment of spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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