Community Improvement
(S02)
990 on File
WEAR GLOVES INC
Financial strength (30%)
75/100
Reliability (20%)
50/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$2.5M
Total Revenue
$1.6M
Total Expenses
$1.3M
Net Assets
42
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
9.44x
Liability-to-Asset
6.6%
Revenue Diversification
52.7%
Executive Compensation
$70K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations
(United States, Community Improvement, $1M–$10M 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
|
100.0% | 85.2% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 11.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.4 mo | 9.7 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.6% | 21.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
52.7% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
118.6% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
42.2% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
37.1% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.5M | $1.6M | $1.3M | 100.0% | 42 |
| 2023 | $1.2M | $1.1M | $313K | 100.0% | 37 |
| 2022 | $732K | $805K | $291K | 100.0% | 5 |
| 2021 | $622K | $580K | N/A | — | 75 |
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