Quick charity verification for York Harbor Reading Room (EIN: 10186375)
Verdict: York Harbor Reading Room appears trustworthy
85/100Mission Score
$1.4MRevenue
$1.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent minor operating deficits in recent years (e.g., 2023, 2022, 2021)
NTEE code is unknown, making direct peer comparison difficult
Strengths
Zero officer compensation reported across all filings, indicating strong financial stewardship
Healthy asset-to-liability ratio ($1,611,540 assets vs. $219,380 liabilities in 2023)
Consistent IRS 990 filing history (13 filings) demonstrating transparency and compliance
Stable revenue growth over the past decade, from $735,555 in 2014 to $1,072,121 in 2023
Spending Breakdown
How York Harbor Reading Room allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 York Harbor Reading Room
Is York Harbor Reading Room a legitimate charity?
Based on AI analysis of IRS 990 filings, York Harbor Reading Room (EIN: 10186375) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is York Harbor Reading Room a good charity to donate to?
York Harbor Reading Room has a Mission Score of 85/100. Revenue: $1.4M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for York Harbor Reading Room?
The Employer Identification Number (EIN) for York Harbor Reading Room is 10186375. 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 York Harbor Reading Room spend its money?
York Harbor Reading Room allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify York Harbor Reading Room's tax-exempt status?
You can verify York Harbor Reading Room's tax-exempt status using EIN 10186375 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 York Harbor Reading Room demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In 2023, the organization reported revenues of $1,072,121 against expenses of $1,129,386, indicating a slight operating deficit for the year. This trend of expenses slightly exceeding revenues has been observed in several recent years, such as 2022 ($982,097 revenue vs. $1,011,319 expenses) and 2021 ($943,414 revenue vs. $959,576 expenses). Despite these operational deficits, the organization maintains a healthy asset base, with $1,611,540 in assets in 2023, comfortably exceeding its liabilities of $219,380. This suggests a strong underlying financial position capable of absorbing minor annual fluctuations.
The organization's spending efficiency appears reasonable, though specific program spending ratios cannot be precisely determined without detailed expense breakdowns. However, the consistent reporting of zero officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice is highly commendable and suggests a volunteer-driven leadership structure, which can enhance public trust and donor confidence. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to regulatory compliance and financial transparency.
While the organization's NTEE code is unknown, making a direct comparison to peer organizations challenging, the overall financial picture suggests a stable entity. The slight operating deficits in recent years warrant monitoring, but the robust asset-to-liability ratio provides a strong buffer. The absence of executive compensation is a notable strength in terms of financial stewardship and transparency.