Philanthropy & Grantmaking
(T22)
990 on File
THADDEUS GARRETT JR FOUNDATION
Financial strength (30%)
88/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$22K
Total Revenue
$26K
Total Expenses
$435K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
77.7%
Fundraising Efficiency
N/A
Operating Reserve
202.85x
Liability-to-Asset
0.1%
Revenue Diversification
73.8%
Compared with Peers
FY 2023
Compared with 34,329 similar organizations
(United States, Philanthropy & Grantmaking, under $100K 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
|
77.7% | 86.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
202.9 mo | 137.0 mo |
P10P90
|
Above median |
|
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
|
73.8% | 95.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
16.5% | -0.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
50.1% | -4.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-19.1% | -0.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $22K | $26K | $435K | 77.7% | — |
| 2022 | $19K | $17K | $439K | 61.3% | — |
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