Is Worker Justice Center Of New York Inc Legit?

Quick charity verification for Worker Justice Center Of New York Inc (EIN: 161155130)

Verdict: Worker Justice Center Of New York Inc appears trustworthy

85/100Mission Score
$2.3MRevenue
$1.9MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Worker Justice Center Of New York Inc demonstrates a generally stable financial position over the past decade, with revenues and expenses fluctuating but typically remaining within a similar range. For instance, in 2022, the organization reported revenues of $2,631,353 against expenses of $2,504,386, indicating a slight surplus. However, the most recent filing (2023) shows expenses of $2,406,126 exceeding revenues of $1,607,949, resulting in a deficit. This recent trend of expenses outpacing revenue warrants attention, as it could impact long-term sustainability if it continues. The organization's asset base has shown significant growth over the years, from $534,511 in 2014 to $1,734,418 in 2023, peaking at $2,687,936 in 2022. This growth in assets, particularly net assets (assets minus liabilities), suggests a build-up of financial reserves. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the mission rather than executive pay, which is a positive sign for spending efficiency and transparency. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a key indicator of responsible financial management.

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Disclaimer

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

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