Community Improvement
(S31Z)
990 on File
WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$333K
Total Revenue
$429K
Total Expenses
$-965,085
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.9%
Fundraising Efficiency
N/A
Operating Reserve
-27.01x
Liability-to-Asset
535.0%
Revenue Diversification
63.4%
Executive Compensation
$115K
Compared with Peers
FY 2023
Compared with 5,777 similar organizations
(United States, Community Improvement, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.9% | 84.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.1% | 12.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-27.0 mo | 11.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
535.0% | 3.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.4% | 93.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-9.9% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-29.2% | 13.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-28.9% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $333K | $429K | $-965,085 | 77.9% | 5 |
| 2022 | $369K | $605K | $-839,273 | 76.7% | 3 |
| 2021 | $329K | $531K | N/A | — | 0 |
| 2020 | $331K | $649K | N/A | — | 10 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.