Is Warren And Augusta Hume Foundation Inc Legit?

Quick charity verification for Warren And Augusta Hume Foundation Inc (EIN: 133675579)

Verdict: Warren And Augusta Hume Foundation Inc shows mixed signals

40/100Mission Score

$78.8MRevenue

$114.7MAssets

4Red Flags

3Strengths

Red Flags

Extremely low expense ratio relative to revenue and assets, raising questions about active charitable deployment (e.g., 202312 expenses were <1.1% of revenue).
Significant asset accumulation without clear corresponding programmatic spending increases.
Lack of detailed expense breakdown to understand program vs. administrative spending.
Unknown NTEE code hinders clear understanding of mission and comparative analysis.

Strengths

Zero reported officer compensation, indicating no direct executive salary burden.
Substantial and growing asset base ($106,125,999 in 202312), providing significant financial capacity.
Consistently low liabilities across all reported periods (e.g., $1 in 202312).

Spending Breakdown

How Warren And Augusta Hume Foundation Inc allocates its funds across programs, administration, and fundraising.

50%

Program Spending

Below average — room for improvement

40%

Admin Costs

High — over 25% on administration

10%

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 Warren And Augusta Hume Foundation Inc

Is Warren And Augusta Hume Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Warren And Augusta Hume Foundation Inc (EIN: 133675579) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 3 strengths noted.

Is Warren And Augusta Hume Foundation Inc a good charity to donate to?

Warren And Augusta Hume Foundation Inc has a Mission Score of 40/100. Revenue: $78.8M. Assets: $114.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Warren And Augusta Hume Foundation Inc?

The Employer Identification Number (EIN) for Warren And Augusta Hume Foundation Inc is 133675579. 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 Warren And Augusta Hume Foundation Inc spend its money?

Warren And Augusta Hume Foundation Inc allocates 50% to programs, 40% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Warren And Augusta Hume Foundation Inc's tax-exempt status?

You can verify Warren And Augusta Hume Foundation Inc's tax-exempt status using EIN 133675579 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

The Warren And Augusta Hume Foundation Inc demonstrates a highly unusual financial profile, characterized by extremely low reported expenses relative to its substantial revenue and asset base. In the 202312 period, the organization reported revenue of $97,670,838 against expenses of only $1,050,381, indicating that less than 1.1% of its revenue was spent. This pattern is consistent across multiple years, with the 202212 period showing $2,266,268 in revenue versus $464,479 in expenses. While this could suggest significant asset accumulation for future programmatic use, the consistently minimal expense levels raise questions about the immediate deployment of funds for charitable purposes. The foundation's assets have grown dramatically, from $3,788,613 in 201112 to $106,125,999 in 202312, further highlighting its capacity.

The organization reports 0% officer compensation across all available filings, which is a positive indicator for minimizing administrative overhead related to executive pay. However, without a detailed breakdown of the $1,050,381 in expenses for the 202312 period, it's challenging to assess spending efficiency between programs, administration, and fundraising. The NTEE code is unknown, which can sometimes hinder a clear understanding of its specific charitable focus and impact. The extremely low expense ratio, while seemingly efficient, could also indicate a lack of active programming or significant grantmaking relative to its financial capacity, warranting further investigation into its actual charitable activities and disbursements.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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