Human Services
(P20)
IRS Verified
DX Registered
990 on File
BANCROFT A NEW JERSEY NONPROFIT CORPORATION
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$236.9M
Total Revenue
$235.7M
Total Expenses
$50.3M
Net Assets
3656
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.9%
Fundraising Efficiency
918.5%
Operating Reserve
2.56x
Liability-to-Asset
79.4%
Revenue Diversification
98.3%
Executive Compensation
$2.7M
Compared with Peers
FY 2023
Compared with 208 similar organizations
(United States, Human Services, $100M and over 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
|
84.9% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.7% | 9.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.4% | 0.1% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
918.5% | 728.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.6 mo | 2.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
79.4% | 56.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.3% | 95.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
10.3% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.2% | 10.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.5% | 0.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $236.9M | $235.7M | $50.3M | 84.9% | 3656 |
| 2022 | $214.7M | $210.1M | $48.2M | 85.3% | 3540 |
| 2021 | $198.8M | $197.0M | $48.8M | 85.0% | 3697 |
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