Housing & Shelter
(L20)
IRS Verified
DX Registered
990 on File
6-8 INC
Financial strength (30%)
71/100
Reliability (20%)
50/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Transforming Communities by Making Service Personal. 6:8 is working to end poverty by inspiring and equipping families and our community to resolve poverty and thrive. We believe no one should live in poverty and if given the right tools and support, financial stability can be achieved. Our service Prioritizes; Relationships, Education, Reciprocity, & Quality.
Financial Overview — FY 2024
$520K
Total Revenue
$492K
Total Expenses
$1.4M
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.4%
Fundraising Efficiency
105.5%
Operating Reserve
33.38x
Liability-to-Asset
3.0%
Revenue Diversification
82.6%
Executive Compensation
$17K
Compared with Peers
FY 2024
Compared with 5,473 similar organizations
(United States, Housing & Shelter, $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
|
87.4% | 87.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.5% | 11.7% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
105.5% | 18.8% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
33.4 mo | 13.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.0% | 25.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.6% | 91.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
38.9% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
82.3% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.3% | -6.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $520K | $492K | $1.4M | 87.4% | 9 |
| 2023 | $374K | $270K | $1.3M | 91.6% | 7 |
| 2022 | $316K | $227K | $1.2M | 92.0% | 7 |
| 2021 | $311K | $191K | N/A | — | 6 |
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