Housing & Shelter
(L22)
IRS Verified
DX Registered
990 on File
TALLGRASS CREEK INC
Financial strength (30%)
69/100
Reliability (20%)
50/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$51.6M
Total Revenue
$53.1M
Total Expenses
$-22,505,267
Net Assets
897
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.5%
Fundraising Efficiency
N/A
Operating Reserve
-5.08x
Liability-to-Asset
109.7%
Revenue Diversification
98.7%
Executive Compensation
$436K
Compared with Peers
FY 2024
Compared with 456 similar organizations
(United States, Housing & Shelter, $10M–$100M in expenses), FY 2024.
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
|
82.5% | 87.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.5% | 10.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-5.1 mo | 6.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
109.7% | 61.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.7% | 91.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
7.2% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.8% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.9% | 0.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $51.6M | $53.1M | $-22,505,267 | 82.5% | 897 |
| 2023 | $48.2M | $49.3M | $-21,231,540 | 82.4% | 933 |
| 2022 | $49.5M | $49.4M | $-22,265,718 | 83.4% | 729 |
| 2021 | $46.1M | $45.0M | N/A | — | 612 |
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