Is Strategies To End Homelessness Inc…

Quick charity verification for Strategies To End Homelessness Inc (EIN: 208286347)

Strengths

Consistent revenue growth, nearly tripling from $10.6M in 2015 to $33.9M in 2023.
Strong asset growth, increasing from $3.9M in 2015 to $11.4M in 2023, indicating increased capacity.
Expenses closely track revenue, suggesting efficient use of funds with minimal surpluses or deficits.
Reported 0% officer compensation across all filings, indicating a strong focus on program spending.
Healthy financial position with assets significantly exceeding liabilities.

Spending Breakdown

How Strategies To End Homelessness Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Strategies To End Homelessness Inc

Is Strategies To End Homelessness Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Strategies To End Homelessness Inc (EIN: 208286347) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Strategies To End Homelessness Inc a good charity to donate to?

Strategies To End Homelessness Inc has a Mission Score of 95/100. Revenue: $36.3M. Assets: $12.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Strategies To End Homelessness Inc?

The Employer Identification Number (EIN) for Strategies To End Homelessness Inc is 208286347. 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 Strategies To End Homelessness Inc spend its money?

Strategies To End Homelessness Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Strategies To End Homelessness Inc's tax-exempt status?

You can verify Strategies To End Homelessness Inc's tax-exempt status using EIN 208286347 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

Strategies To End Homelessness Inc demonstrates strong financial health and a clear commitment to its mission, as evidenced by its consistent growth in revenue and assets over the past decade. In the latest filing (202312), the organization reported revenues of $33,951,197 against expenses of $33,441,522, indicating sound financial management with a slight surplus. The organization's assets have also grown significantly, from $3,993,746 in 2015 to $11,465,982 in 2023, suggesting increasing capacity and stability.

The organization appears to be highly efficient in its spending, with expenses closely tracking revenue across multiple years, indicating that funds are being deployed effectively to programs. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on mission over executive pay. This practice, combined with regular filings, suggests a high degree of accountability to its stakeholders.

Overall, Strategies To End Homelessness Inc exhibits robust financial management, efficient resource allocation, and a commendable level of transparency, particularly regarding executive compensation. Its sustained growth and prudent spending patterns position it as a financially healthy and impactful nonprofit in the homelessness sector.

Is Strategies To End Homelessness Inc Legit?

Verdict: Strategies To End Homelessness Inc appears trustworthy

Red Flags