Is Southern Tier Independence Center Inc Legit?

Quick charity verification for Southern Tier Independence Center Inc (EIN: 161204347)

Verdict: Southern Tier Independence Center Inc appears trustworthy

92/100Mission Score
$19.2MRevenue
$16.6MAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Southern Tier Independence Center Inc. demonstrates a generally stable financial position with consistent revenue streams over the past decade, peaking at $22,490,373 in 2023. The organization consistently spends a significant portion of its revenue on expenses, indicating active program delivery. For instance, in 2023, expenses were $16,587,954 against revenues of $22,490,373, showing a healthy surplus. The organization's assets have also shown growth, from $6,741,541 in 2014 to $14,839,091 in 2023, suggesting prudent financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and potentially a volunteer-led or very lean executive structure, which is highly positive for a nonprofit.

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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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