Is United Hebrew Cemetery Inc Legit?

United Hebrew Cemetery Inc. demonstrates strong financial health and appears to be well-managed, consistently generating significant revenue exceeding expenses. In the latest filing period (202312), the organization reported revenues of $5,712,055 against expenses of $2,612,172, indicating a substantial surplus. This trend is consistent across multiple years, with revenues generally double or more than expenses, leading to a steady growth in assets from $25,019,878 in 2014 to $47,847,917 in 2023. The organization's liabilities remain very low relative to its assets, suggesting a stable financial position. The efficiency of spending is commendable, as the organization consistently operates with a significant surplus, indicating that it is not overspending relative to its income. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which contributes to lower administrative overhead. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture points to efficient operations given the consistent asset growth and revenue generation. Transparency is generally good, with consistent IRS 990 filings available over a long period. The lack of reported officer compensation is a positive indicator for transparency regarding executive pay. However, without a detailed functional expense breakdown, it's challenging to fully assess the exact allocation of funds between direct program services, administrative costs, and fundraising efforts. The consistent growth in assets and low liabilities suggest prudent financial management.