Is Sisters Of Charity Health Care System Housing Development Fund Co Legit?
Quick charity verification for Sisters Of Charity Health Care System Housing Development Fund Co (EIN: 133837640)
Verdict: Sisters Of Charity Health Care System Housing Development Fund Co appears trustworthy
92/100Mission Score
$2.0MRevenue
$5.4MAssets
1Red Flags
4Strengths
Red Flags
Consistent net operating losses (expenses exceeding revenue) in most reported periods, such as $1,403,250 in expenses against $1,336,945 in revenue in 2023, which could erode assets over time if not addressed.
Strengths
Zero reported officer compensation across all filings, indicating a strong commitment to directing funds to programs.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Consistent financial reporting over 13 periods, demonstrating transparency and accountability.
Stable asset base, despite minor fluctuations, indicating long-term financial resilience.
Spending Breakdown
How Sisters Of Charity Health Care System Housing Development Fund Co allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Sisters Of Charity Health Care System Housing Development Fund Co
Is Sisters Of Charity Health Care System Housing Development Fund Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Sisters Of Charity Health Care System Housing Development Fund Co (EIN: 133837640) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Sisters Of Charity Health Care System Housing Development Fund Co a good charity to donate to?
Sisters Of Charity Health Care System Housing Development Fund Co has a Mission Score of 92/100. Revenue: $2.0M. Assets: $5.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sisters Of Charity Health Care System Housing Development Fund Co?
The Employer Identification Number (EIN) for Sisters Of Charity Health Care System Housing Development Fund Co is 133837640. 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 Sisters Of Charity Health Care System Housing Development Fund Co spend its money?
Sisters Of Charity Health Care System Housing Development Fund Co allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sisters Of Charity Health Care System Housing Development Fund Co's tax-exempt status?
You can verify Sisters Of Charity Health Care System Housing Development Fund Co's tax-exempt status using EIN 133837640 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
Sisters Of Charity Health Care System Housing Development Fund Co. demonstrates consistent financial activity, with revenues generally tracking expenses over the past decade. While the organization has experienced a slight decline in assets from $5,675,498 in 2014 to $4,686,966 in 2023, its liabilities remain relatively low, indicating a stable financial position. The organization's commitment to its mission is reflected in its consistent program spending, which appears to be the primary driver of its expenses. The absence of reported officer compensation across all filings suggests a lean administrative structure and a focus on directing resources towards its housing development initiatives. This financial stability, combined with no reported officer compensation, points to a well-managed and transparent operation.