Religion-Related
(X99)
990 on File
SON SET MINISTRIES INC
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
65/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$965K
Total Revenue
$671K
Total Expenses
$2.1M
Net Assets
35
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.4%
Fundraising Efficiency
N/A
Operating Reserve
37.61x
Liability-to-Asset
0.5%
Revenue Diversification
49.1%
Executive Compensation
$60K
Compared with Peers
FY 2023
Compared with 11,882 similar organizations
(United States, Religion-Related, $100K–$1M 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
|
70.4% | 87.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.4% | 9.0% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
37.6 mo | 7.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.5% | 0.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
49.1% | 99.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
21.6% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
13.3% | 9.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
30.4% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $965K | $671K | $2.1M | 70.4% | 35 |
| 2022 | $793K | $592K | $1.8M | 67.4% | 35 |
| 2021 | $946K | $470K | N/A | — | 26 |
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