Bishop Sheen Ecumenical Housing Foundation Inc
Bishop Sheen Ecumenical Housing Foundation Inc maintains stable finances with no reported officer compensation despite fluctuating revenue.
EIN: 166101149 · Fairport, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $3.9M |
| Program Spending | 85% |
| Net Assets | $7.0M |
| Transparency Score | 85/100 |
Is Bishop Sheen Ecumenical Housing Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bishop Sheen Ecumenical Housing Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bishop Sheen Ecumenical Housing Foundation Inc
Bishop Sheen Ecumenical Housing Foundation Inc (EIN: 166101149) is a nonprofit organization based in Fairport, NY. The organization reported total revenue of $5.9M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bishop Sheen Ecumenical Housing Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bishop Sheen Ecumenical Housing Foundation Inc is a mid-size nonprofit that has been operating for 7 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$130K |
| Total Assets | $13.5M |
| Total Liabilities | $6.4M |
| Net Assets | $7.0M |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 47.8% |
| Months of Reserves | 41.9 months |
Financial Health Grade: A
In 2024, Bishop Sheen Ecumenical Housing Foundation Inc reported a surplus of $130K with revenue exceeding expenses, holds 41.9 months of operating reserves (strong position), has a debt-to-asset ratio of 47.8% (moderate leverage).
Financial Trends
Over 10 years of filings (2015–2024), Bishop Sheen Ecumenical Housing Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.7% | -3.8% | -4.0% |
| 2023 | -28.1% | -15.1% | -3.0% |
| 2022 | -47.2% | -50.8% | +5.5% |
| 2021 | -10.4% | -12.6% | -5.0% |
| 2020 | -23.1% | -22.0% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bishop Sheen Ecumenical Housing Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bishop Sheen Ecumenical Housing Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $130K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Bishop Sheen Ecumenical Housing Foundation Inc:
- Consistent positive net assets, indicating financial stability (e.g., 2024 assets $13,478,283 vs liabilities $6,446,992).
- 0% officer compensation reported across all filings, suggesting efficient use of funds.
- Expenses consistently managed close to or below revenue, demonstrating sound financial management.
- Significant asset base ($13,567,082 latest reported) providing long-term stability.
Frequently Asked Questions about Bishop Sheen Ecumenical Housing Foundation Inc
Is Bishop Sheen Ecumenical Housing Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bishop Sheen Ecumenical Housing Foundation Inc (EIN: 166101149) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Bishop Sheen Ecumenical Housing Foundation Inc spend its money?
Bishop Sheen Ecumenical Housing Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bishop Sheen Ecumenical Housing Foundation Inc tax-deductible?
Bishop Sheen Ecumenical Housing Foundation Inc is registered as a tax-exempt nonprofit (EIN: 166101149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bishop Sheen Ecumenical Housing Foundation Inc's spending goes to programs?
Bishop Sheen Ecumenical Housing Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bishop Sheen Ecumenical Housing Foundation Inc located?
Bishop Sheen Ecumenical Housing Foundation Inc is headquartered in Fairport, New York and files with the IRS under EIN 166101149.
How many years of IRS 990 filings does Bishop Sheen Ecumenical Housing Foundation Inc have?
Bishop Sheen Ecumenical Housing Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.9M in total revenue.
Is Bishop Sheen Ecumenical Housing Foundation Inc a good charity?
Based on the provided data, the foundation appears to be a good charity. It consistently maintains a healthy financial position, with assets exceeding liabilities, and reports 0% officer compensation, suggesting efficient use of funds for its mission.
How has the organization's revenue trended over the past decade?
The organization's revenue has shown significant fluctuations, peaking at $18,757,603 in 2018 and declining to $3,987,346 in 2024. Despite this variability, expenses have generally been managed to stay below or close to revenue.
What is the organization's asset-to-liability ratio?
In the latest filing (2024), assets were $13,478,283 and liabilities were $6,446,992, resulting in an asset-to-liability ratio of approximately 2.09:1, indicating a strong financial position.
Filing History
IRS 990 filing history for Bishop Sheen Ecumenical Housing Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Bishop Sheen Ecumenical Housing Foundation Inc's revenue has grown by 128.8%, moving from $1.7M to $4.0M. Total assets increased by 54.6% over the same period, from $8.7M to $13.5M. Total functional expenses rose by 164.5%, from $1.5M to $3.9M. In its most recent filing year (2024), Bishop Sheen Ecumenical Housing Foundation Inc reported a surplus of $130K, with revenue exceeding expenses. The organization holds $6.4M in liabilities against $13.5M in assets (debt-to-asset ratio: 47.8%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.0M | $3.9M | $13.5M | $6.4M | — | View 990 |
| 2023 | $4.0M | $4.0M | $14.0M | $7.0M | — | — |
| 2022 | $5.6M | $4.7M | $14.5M | $7.6M | — | View 990 |
| 2021 | $10.6M | $9.6M | $13.7M | $7.4M | — | — |
| 2020 | $11.8M | $11.0M | $14.4M | $9.2M | — | View 990 |
| 2019 | $15.3M | $14.1M | $15.5M | $11.1M | — | View 990 |
| 2018 | $18.8M | $17.7M | $14.7M | $11.5M | — | View 990 |
| 2017 | $1.5M | $1.3M | $8.5M | $6.4M | — | View 990 |
| 2016 | $1.9M | $1.7M | $8.6M | $6.6M | — | View 990 |
| 2015 | $1.7M | $1.5M | $8.7M | $7.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.0M, expenses of $3.9M, and assets of $13.5M (revenue -0.7% year-over-year).
- 2023: Revenue of $4.0M, expenses of $4.0M, and assets of $14.0M (revenue -28.1% year-over-year).
- 2022: Revenue of $5.6M, expenses of $4.7M, and assets of $14.5M (revenue -47.2% year-over-year).
- 2021: Revenue of $10.6M, expenses of $9.6M, and assets of $13.7M (revenue -10.4% year-over-year).
- 2020: Revenue of $11.8M, expenses of $11.0M, and assets of $14.4M (revenue -23.1% year-over-year).
- 2019: Revenue of $15.3M, expenses of $14.1M, and assets of $15.5M (revenue -18.3% year-over-year).
- 2018: Revenue of $18.8M, expenses of $17.7M, and assets of $14.7M (revenue +1147.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $8.5M (revenue -22.6% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.7M, and assets of $8.6M (revenue +11.4% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $8.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bishop Sheen Ecumenical Housing Foundation Inc:
Data Sources and Methodology
This transparency report for Bishop Sheen Ecumenical Housing Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.