Philanthropy & Grantmaking
(T20)
990 on File
READ FAMILY CHARITABLE FUND
Financial strength (30%)
91/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$114K
Total Revenue
$24K
Total Expenses
$410K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.4%
Fundraising Efficiency
N/A
Operating Reserve
203.86x
Liability-to-Asset
0.0%
Revenue Diversification
91.9%
Compared with Peers
FY 2024
Compared with 21,182 similar organizations
(United States, Philanthropy & Grantmaking, under $100K 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
|
85.4% | 86.8% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
203.9 mo | 122.3 mo |
P10P90
|
Above median |
|
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
|
91.9% | 94.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
1095.8% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-37.3% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
78.9% | 7.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $114K | $24K | $410K | 85.4% | — |
| 2023 | $10K | $38K | $299K | 95.3% | — |
| 2022 | $100K | $20K | $328K | 96.5% | — |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.