Philanthropy & Grantmaking
(T30)
990 on File
SPENSER SOMERS FOUNDATION
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$10K
Total Revenue
$10K
Total Expenses
$69K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.7%
Fundraising Efficiency
N/A
Operating Reserve
86.15x
Liability-to-Asset
N/A
Revenue Diversification
88.2%
Compared with Peers
FY 2023
Compared with 34,291 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
|
91.7% | 86.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
86.2 mo | 137.0 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
88.2% | 95.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
1.1% | -0.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
23.7% | -4.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.4% | -0.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $10K | $10K | $69K | 91.7% | — |
| 2022 | $10K | $8K | $69K | 91.3% | — |
| 2021 | $40K | $10K | N/A | — | 1 |
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