Is St Baldricks Foundation Inc Legit?

Quick charity verification for St Baldricks Foundation Inc (EIN: 201173824)

Verdict: St Baldricks Foundation Inc appears trustworthy

90/100Mission Score
$23.3MRevenue
$29.0MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

St Baldricks Foundation Inc demonstrates a generally stable financial position, with recent years showing consistent revenue and expenses. For the period ending 202306, the organization reported revenues of $23,917,056 against expenses of $22,571,673, indicating a surplus. While assets have fluctuated, they remain substantial at $25,694,418 in 202306, providing a solid base for operations. The organization's spending efficiency appears strong, with a significant portion of expenses directed towards program services, as evidenced by the high program spending ratio. Transparency is also a notable strength, particularly with the consistent reporting of 0% officer compensation, which suggests that executive salaries are not a significant drain on resources or are not reported in a way that is easily identifiable as 'officer compensation' in the summary data provided. However, the provided data does not include a detailed breakdown of functional expenses (program, admin, fundraising) for each year, which would allow for a more precise year-over-year analysis of spending efficiency.

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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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