Health Care
(E110)
990 on File
RICHMOND MEMORIAL HEALTH FOUNDATION
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$5.5M
Total Revenue
$6.7M
Total Expenses
$107.4M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.1%
Fundraising Efficiency
N/A
Operating Reserve
191.65x
Liability-to-Asset
0.5%
Revenue Diversification
93.3%
Executive Compensation
$281K
Compared with Peers
FY 2023
Compared with 4,434 similar organizations
(United States, Health Care, $1M–$10M 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
|
88.1% | 84.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
191.7 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.5% | 14.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.3% | 91.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-81.5% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.2% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-21.6% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $5.5M | $6.7M | $107.4M | 88.1% | — |
| 2022 | $29.8M | $6.5M | $105.1M | 85.7% | — |
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