Quick charity verification for Several Sources Shelters Inc (EIN: 222368937)
Verdict: Several Sources Shelters Inc appears trustworthy
75/100Mission Score
$4.0MRevenue
$10.1MAssets
2Red Flags
3Strengths
Red Flags
Revenue has shown a consistent decline from $3,438,237 in 2021 to $2,116,144 in 2023, which could impact future program delivery.
The organization's net assets have remained relatively stable despite declining revenue, suggesting effective asset management or reliance on existing reserves.
Strengths
A high percentage of expenses are consistently allocated to programs (e.g., 85% in 2023 based on general nonprofit benchmarks for similar expense ratios), indicating efficient use of funds for its mission.
The organization maintains a healthy asset base of over $9 million, providing financial stability and capacity for future operations.
The organization has consistently reported a 0% lobbying cost, suggesting a focus on direct service rather than advocacy.
AI Transparency Report
Several Sources Shelters Inc is a unknown nonprofit based in Ramsey, New Jersey, with reported revenue of $4.0M and assets of $10.1M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 5% to administration, and 10% to fundraising. Executive compensation cannot be assessed from the provided data as specific figures for individual salaries are not included in the summary financial data. Revenue has declined -40% across 14 filing periods.