Community Improvement
(S80)
IRS Verified
DX Registered
990 on File
IVY VINE CHARITIES INCORPORATED
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Ivy Vine Charities, Inc. is the charitable foundation of Alpha Kappa Alpha Sorority, Incorporated®, Theta Omega Omega Chapter in Montgomery County, Maryland. Founded in 1994, Ivy Vine Charities, Inc.’s mission is to enhance community life by providing scholarships to students in the Metropolitan Washington DC area, making charitable donations to local, national and international organizations and promoting community service activities.
Financial Overview — FY 2023
$61K
Total Revenue
$58K
Total Expenses
$96K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.4%
Fundraising Efficiency
62.9%
Operating Reserve
19.81x
Liability-to-Asset
0.0%
Revenue Diversification
46.9%
Compared with Peers
FY 2023
Compared with 5,508 similar organizations
(United States, Community Improvement, 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
|
82.4% | 83.6% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
62.9% | 41.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.8 mo | 24.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
46.9% | 99.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
16.5% | -0.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
64.8% | 0.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.5% | 11.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $61K | $58K | $96K | 82.4% | — |
| 2022 | $52K | $35K | $94K | 73.7% | — |
| 2021 | $59K | $26K | N/A | — | 1 |
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