Charity Search / FRIENDS OF CHIKUMBUSO INC
Philanthropy & Grantmaking (T20) 990 on File

FRIENDS OF CHIKUMBUSO INC

EIN: 27-0414264 · N STONINGTON, CT 06359-1136 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$718K
Total Revenue
$569K
Total Expenses
$493K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.7%
Fundraising Efficiency N/A
Operating Reserve 10.40x
Liability-to-Asset 0.1%
Revenue Diversification 94.1%
Executive Compensation $105K
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
83.7% 90.2%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
8.1% 7.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.2% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
10.4 mo 95.2 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
94.1% 90.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
45.4% 18.5%
P10P90
Expense growth
Year over year expense growth
21.2% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
20.8% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $718K $569K $493K 83.7% 2
2023 $494K $469K $388K 82.8% 1
2022 $588K $609K $357K 86.3% 1
2021 $595K $522K N/A 1
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Organization Details
EIN
27-0414264
State
CT
City
N STONINGTON
ZIP
06359-1136
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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