Philanthropy & Grantmaking
(T22)
990 on File
CARMICHAEL FOUNDATION
Financial strength (30%)
92/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$381K
Total Revenue
$157K
Total Expenses
$2.9M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.1%
Fundraising Efficiency
N/A
Operating Reserve
221.78x
Liability-to-Asset
0.0%
Revenue Diversification
51.8%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 16,645 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
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
|
91.1% | 90.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
221.8 mo | 95.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
51.8% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
19.5% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
14.1% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
58.8% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $381K | $157K | $2.9M | 91.1% | — |
| 2023 | $319K | $138K | $2.8M | 95.9% | — |
| 2022 | $504K | $110K | $2.6M | 97.2% | — |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.