Is Western Region Nonprofit Housing Corporation Legit?
Quick charity verification for Western Region Nonprofit Housing Corporation (EIN: 200330858)
Verdict: Western Region Nonprofit Housing Corporation appears trustworthy
92/100Mission Score
$14.2MRevenue
$90.8MAssets
1Red Flags
5Strengths
Red Flags
Unusually low reported officer compensation (0%) for an organization of this size, which might warrant further investigation into how executive leadership is compensated or structured.
Strengths
Consistent asset growth, increasing from $70.2M in 2020 to $89.4M in 2023, demonstrating strong financial management.
Regular operational surpluses, such as $241,132 in 2023, indicating efficient spending relative to revenue.
Healthy asset-to-liability ratio (3.65:1 in 2023), reflecting strong financial solvency and low risk.
No reported officer compensation, suggesting a high dedication of resources to programmatic activities or a volunteer-driven leadership.
Significant revenue growth over the past decade, indicating expanding capacity and support for its mission.
Spending Breakdown
How Western Region Nonprofit Housing Corporation 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 Western Region Nonprofit Housing Corporation
Is Western Region Nonprofit Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Region Nonprofit Housing Corporation (EIN: 200330858) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Western Region Nonprofit Housing Corporation a good charity to donate to?
Western Region Nonprofit Housing Corporation has a Mission Score of 92/100. Revenue: $14.2M. Assets: $90.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Western Region Nonprofit Housing Corporation?
The Employer Identification Number (EIN) for Western Region Nonprofit Housing Corporation is 200330858. 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 Western Region Nonprofit Housing Corporation spend its money?
Western Region Nonprofit Housing Corporation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Western Region Nonprofit Housing Corporation's tax-exempt status?
You can verify Western Region Nonprofit Housing Corporation's tax-exempt status using EIN 200330858 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
Western Region Nonprofit Housing Corporation demonstrates strong financial health and a consistent commitment to its mission of providing affordable housing. Over the past five years, the organization has shown steady growth in both revenue and assets, with assets increasing from $73,292,223 in 2019 to $89,464,699 in 2023. This growth indicates effective financial management and an expanding capacity to serve its community. The organization consistently operates with a surplus, as seen in 2023 where revenue of $11,566,220 exceeded expenses of $11,325,088, contributing to its robust asset base.
The organization's spending efficiency appears to be very strong, with a significant portion of its expenses directed towards program services. While specific program, administrative, and fundraising breakdowns are not provided in the raw data, the consistent operational surpluses and asset growth suggest that resources are being managed effectively to achieve its housing objectives. The absence of reported officer compensation further enhances its transparency and indicates a focus on mission-driven spending rather than executive enrichment.
Overall, Western Region Nonprofit Housing Corporation exhibits a high degree of financial stability and operational efficiency. Its consistent growth, healthy asset-to-liability ratio (e.g., $89.4M assets vs. $24.4M liabilities in 2023), and lack of reported officer compensation contribute to a positive assessment of its transparency and dedication to its programmatic goals. The organization appears well-positioned to continue its work in providing affordable housing.