Is Spence Chapin Services To Families And Children Legit?

Quick charity verification for Spence Chapin Services To Families And Children (EIN: 131834590)

Verdict: Spence Chapin Services To Families And Children appears trustworthy

90/100Mission Score
$16.0MRevenue
$66.4MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Spence Chapin Services To Families And Children 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 Spence Chapin Services To Families And Children

Is Spence Chapin Services To Families And Children a legitimate charity?

Based on AI analysis of IRS 990 filings, Spence Chapin Services To Families And Children (EIN: 131834590) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Spence Chapin Services To Families And Children a good charity to donate to?

Spence Chapin Services To Families And Children has a Mission Score of 90/100. Revenue: $16.0M. Assets: $66.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Spence Chapin Services To Families And Children?

The Employer Identification Number (EIN) for Spence Chapin Services To Families And Children is 131834590. 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 Spence Chapin Services To Families And Children spend its money?

Spence Chapin Services To Families And Children allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Spence Chapin Services To Families And Children's tax-exempt status?

You can verify Spence Chapin Services To Families And Children's tax-exempt status using EIN 131834590 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

Spence Chapin Services To Families And Children demonstrates a generally stable financial position with significant assets, though its revenue has fluctuated considerably over the past decade. In the 202306 period, the organization reported revenue of $10,636,696 against expenses of $7,543,719, indicating a healthy surplus for that year. However, prior years, such as 202206 and 202106, showed expenses exceeding revenue, suggesting a reliance on reserves or prior year surpluses. The organization's assets have remained substantial, reaching $63,417,282 in 202306, providing a strong financial cushion. The organization's spending efficiency appears to be strong, with a significant portion of its expenses directed towards program services. The consistent reporting of 0% for officer compensation across all available filings is a notable positive indicator of financial stewardship and a commitment to directing resources towards its mission rather than executive pay. This practice enhances transparency and trust, as it suggests that leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' in these specific filings, which would warrant further investigation for complete understanding. Overall, while revenue streams have varied, the organization maintains a robust asset base and demonstrates a commitment to program spending and low (or zero, as reported) executive compensation. The consistent asset base, despite revenue fluctuations, suggests effective management of its endowment or investment portfolio. Further details on the breakdown of expenses (program, administrative, fundraising) would provide a more granular view of spending efficiency, but the available data points to a financially sound and mission-focused entity.

View Full Transparency Report →

Disclaimer

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

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