Is Senior Citizen Housing Corporation Of Scotch Plains Legit?
Quick charity verification for Senior Citizen Housing Corporation Of Scotch Plains (EIN: 223010591)
Verdict: Senior Citizen Housing Corporation Of Scotch Plains appears trustworthy
75/100Mission Score
$1.5MRevenue
$2.8MAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in total assets from $3,830,876 in 2016 to $2,310,873 in 2023, indicating potential long-term financial challenges or asset divestment.
The 'c0%' compensation reported across all years is unusual for an organization of this size and requires clarification to ensure transparency regarding leadership compensation.
Lack of explicit detail on spending breakdown (programs, admin, fundraising) in the provided summary data makes it difficult to assess efficiency without full 990 review.
Strengths
Consistent revenue generation, with revenues around $1.0M - $1.2M annually, demonstrating stable operational funding.
Expenses are consistently managed below revenues in most years, indicating sound financial management of day-to-day operations.
Long operational history with consistent financial reporting, suggesting organizational stability and commitment to transparency through filings.
Spending Breakdown
How Senior Citizen Housing Corporation Of Scotch Plains 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 Senior Citizen Housing Corporation Of Scotch Plains
Is Senior Citizen Housing Corporation Of Scotch Plains a legitimate charity?
Based on AI analysis of IRS 990 filings, Senior Citizen Housing Corporation Of Scotch Plains (EIN: 223010591) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Senior Citizen Housing Corporation Of Scotch Plains a good charity to donate to?
Senior Citizen Housing Corporation Of Scotch Plains has a Mission Score of 75/100. Revenue: $1.5M. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Senior Citizen Housing Corporation Of Scotch Plains?
The Employer Identification Number (EIN) for Senior Citizen Housing Corporation Of Scotch Plains is 223010591. 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 Senior Citizen Housing Corporation Of Scotch Plains spend its money?
Senior Citizen Housing Corporation Of Scotch Plains allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Senior Citizen Housing Corporation Of Scotch Plains's tax-exempt status?
You can verify Senior Citizen Housing Corporation Of Scotch Plains's tax-exempt status using EIN 223010591 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
Senior Citizen Housing Corporation Of Scotch Plains is a unknown nonprofit based in Princeton, New Jersey, with reported revenue of $1.5M and assets of $2.8M. 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. The provided data consistently shows 'c0%' for compensation across all years, suggesting either a fully volunteer-run executive team or that executive compensation is reported under other expense categories, which requires further scrutiny of their full financial statements. Revenue has grown +24% across 13 filing periods.