Quick charity verification for Village Care Of New York Inc (EIN: 133854754)
Verdict: Village Care Of New York Inc appears trustworthy
95/100Mission Score
$46.5MRevenue
$30.4MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this scale, which might warrant deeper inquiry into how leadership is compensated if not through traditional officer salaries.
Strengths
Consistent revenue growth, increasing from $14.6M in 2014 to $32.2M in 2023.
Strong asset growth, from $3.0M in 2014 to $27.4M in 2023, indicating financial stability.
High spending efficiency, with expenses closely tracking revenue (e.g., $31.1M expenses vs. $32.2M revenue in 2023).
Exceptional transparency regarding executive compensation, reporting 0% officer compensation across all filings.
Positive net assets and manageable liabilities, demonstrating sound financial management.
Spending Breakdown
How Village Care Of New York Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Village Care Of New York Inc
Is Village Care Of New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Care Of New York Inc (EIN: 133854754) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Village Care Of New York Inc a good charity to donate to?
Village Care Of New York Inc has a Mission Score of 95/100. Revenue: $46.5M. Assets: $30.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Village Care Of New York Inc?
The Employer Identification Number (EIN) for Village Care Of New York Inc is 133854754. 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 Village Care Of New York Inc spend its money?
Village Care Of New York Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Village Care Of New York Inc's tax-exempt status?
You can verify Village Care Of New York Inc's tax-exempt status using EIN 133854754 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
Village Care Of New York Inc demonstrates a consistent pattern of financial growth and responsible management over the past decade. The organization has seen its revenue increase from $14.6 million in 2014 to $32.2 million in 2023, indicating a strong ability to secure funding and expand operations. Its asset base has also grown significantly, from $3.0 million in 2014 to $27.4 million in 2023, suggesting prudent financial stewardship and investment in its mission. The organization consistently reports expenses closely aligned with revenue, indicating efficient use of funds without accumulating excessive surpluses or deficits.
Spending efficiency appears high, as evidenced by the close alignment of expenses to revenue across multiple years. For instance, in 2023, expenses were $31,128,437 against revenues of $32,244,440, showing that the vast majority of income is directed towards operational activities. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards programs rather than executive salaries. This practice is highly commendable and suggests a strong focus on mission over individual gain.
Overall, Village Care Of New York Inc exhibits strong financial health, efficient spending, and a high degree of transparency, particularly concerning executive compensation. The consistent growth in assets and revenue, coupled with tight expense management and zero reported officer compensation, paints a picture of a well-managed and mission-driven organization.