Is Workers United Legit?

Quick charity verification for Workers United (EIN: 201601433)

Verdict: Workers United appears trustworthy

85/100Mission Score
$3.1MRevenue
$9.3MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Workers United demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has grown from $2,275,833 in 2014 to $3,000,943 in 2023, with assets increasing from $4,332,600 to $8,130,789 in the same period. The organization consistently operates with a surplus, as seen in 2023 where revenue of $3,000,943 exceeded expenses of $2,815,088, indicating sound financial management and sustainability. The organization's spending efficiency appears robust, with a significant portion of its expenses likely directed towards its programs, given the absence of reported officer compensation and relatively low liabilities. The consistent growth in assets, coupled with a healthy revenue stream, suggests effective resource utilization. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is limited. Transparency regarding executive compensation is high, as the organization consistently reports 0% officer compensation across all available filings. This indicates that the top leadership is either unpaid or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization's structure does not include compensated officers in the traditional sense. Further details on functional expenses would enhance the transparency assessment.

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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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