Is Young Womens Christian Association Of Binghamton And Broome County Legit?

Quick charity verification for Young Womens Christian Association Of Binghamton And Broome County (EIN: 150532275)

Verdict: Young Womens Christian Association Of Binghamton And Broome County appears trustworthy

85/100Mission Score
$5.3MRevenue
$8.1MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Young Womens Christian Association Of Binghamton And Broome County allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 Young Womens Christian Association Of Binghamton And Broome County

Is Young Womens Christian Association Of Binghamton And Broome County a legitimate charity?

Based on AI analysis of IRS 990 filings, Young Womens Christian Association Of Binghamton And Broome County (EIN: 150532275) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Young Womens Christian Association Of Binghamton And Broome County a good charity to donate to?

Young Womens Christian Association Of Binghamton And Broome County has a Mission Score of 85/100. Revenue: $5.3M. Assets: $8.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Young Womens Christian Association Of Binghamton And Broome County?

The Employer Identification Number (EIN) for Young Womens Christian Association Of Binghamton And Broome County is 150532275. 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 Young Womens Christian Association Of Binghamton And Broome County spend its money?

Young Womens Christian Association Of Binghamton And Broome County allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Young Womens Christian Association Of Binghamton And Broome County's tax-exempt status?

You can verify Young Womens Christian Association Of Binghamton And Broome County's tax-exempt status using EIN 150532275 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 Young Womens Christian Association Of Binghamton And Broome County demonstrates a generally stable financial position with significant growth in revenue and assets over the past few years. In the latest filing period (202312), the organization reported revenues of $5,392,913 against expenses of $5,338,819, indicating a slight surplus. This continues a positive trend from 202212, where revenue was $3,672,664 and expenses were $3,604,677. The organization's assets have also shown substantial growth, increasing from $5,666,924 in 201912 to $8,693,020 in 202312, suggesting effective asset management and potentially successful fundraising or investment strategies. Spending efficiency appears to be reasonable, with expenses closely tracking revenue, indicating that funds are being deployed for operations. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of their financial transparency, suggesting that top leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for a complete picture. The organization's liabilities have fluctuated, with a notable increase to $1,591,753 in 202312, up from $698,681 in 202212, which should be monitored. Overall, the YWCA of Binghamton and Broome County appears to be in a healthy financial state, with strong revenue growth and increasing assets. Their consistent 0% officer compensation reported on the 990s is a significant indicator of transparency regarding executive pay, though it would be beneficial to understand the full compensation structure for key personnel. The recent increase in liabilities should be observed to ensure it aligns with strategic investments or operational needs rather than financial strain.

View Full Transparency Report →

Disclaimer

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

Related Pages