Ladies of Charity

Nonprofit profile at a glance

EIN
364665690
IRS 990-EZ coverage
2015–2022
Forms available
Form 990-EZ 2022
Location
Binghamton, NY, USA
Rating
53
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$36,564
Expenses
$33,169
Assets
$45,952

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • IRENE SIEDLARCYK (PRESIDENT)
  • DEBRA SPANFETNER (CO-VICE PRESIDENT)
  • BERNADETTE QUAGLIA (CO-VICE PRESIDENT)

People named in this filing

  • IRENE SIEDLARCYK (PRESIDENT)
  • EILEEN HUGHES (TREASURER)
  • CAROL HARDING (RECORDS SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sale of clothing to the needy that is donated by the public. Outreach to children in schools and providing scholarships to the needy children. Fund raisers are to raise money for the needy.

Operating model

Revenue model
Earned-program. 79% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.2%; rating input score 33
  • Program expense ratio: 36.7%; rating input score 37

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 9.3%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.4% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 51st percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 33.2% of revenue deployed · 36.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $12K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2015 to 2022
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 37/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.