Is Volunteer Service Bureau Of Westchester Inc Legit?

Volunteer Service Bureau Of Westchester Inc demonstrates a generally healthy financial trajectory with consistent revenue growth over the past several years, culminating in $2,400,797 in revenue for the 202306 period. The organization has also shown prudent financial management by consistently operating with a surplus, as evidenced by expenses of $2,055,710 against revenues of $2,400,797 in 202306, and $1,846,581 against $2,554,858 in 202206. This has allowed for a steady increase in assets, reaching $2,548,081 in 202306 from $562,813 in 201406, indicating strong financial stability and capacity building. The organization's transparency appears strong, particularly concerning executive compensation, which has been reported as 0% for all available periods. This suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive indicator for donor confidence. The consistent filing of IRS 990 forms over 13 periods further reinforces their commitment to transparency and accountability. While specific program spending ratios are not provided in the raw data, the consistent surpluses and asset growth suggest efficient use of funds. The organization's ability to manage liabilities, which were $570,888 in 202306 against assets of $2,548,081, indicates a healthy balance sheet. Overall, Volunteer Service Bureau Of Westchester Inc appears to be a financially sound and transparent organization.