Is Robert W Belknap M D Free Bed Fund Legit?

Quick charity verification for Robert W Belknap M D Free Bed Fund (EIN: 16011506)

Verdict: Robert W Belknap M D Free Bed Fund appears trustworthy

75/100Mission Score
$47KRevenue
$177KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Robert W Belknap M D Free Bed Fund operates as a small, grant-making organization, as evidenced by its consistent revenue and expense figures over the past several years. Its primary function appears to be distributing funds, rather than operating direct programs, which is typical for a 'free bed fund.' The organization consistently reports zero officer compensation, indicating a volunteer-led structure, which is a positive sign for donor confidence as administrative costs are kept low in this regard. However, without detailed expense breakdowns beyond the summary data, it's challenging to fully assess spending efficiency between program grants and other administrative overhead. The organization's assets have seen a slight decline from $220,600 in 2012 to $198,342 in 2023, suggesting that expenses have generally outpaced revenue in several periods, such as 2023 where expenses were $21,670 against revenues of $14,284. This trend, while not immediately alarming for a fund of this size, warrants monitoring to ensure long-term sustainability.

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Disclaimer

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

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