Community Improvement
(S30)
IRS Verified
DX Registered
990 on File
FAIRMOUNT COMMUNITY DEVELOPMENT CORPORATION
Financial strength (30%)
73/100
Reliability (20%)
55/100
Effectiveness (25%)
46/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$623K
Total Revenue
$249K
Total Expenses
$647K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
58.7%
Fundraising Efficiency
N/A
Operating Reserve
31.17x
Liability-to-Asset
32.0%
Revenue Diversification
93.6%
Executive Compensation
$65K
Compared with Peers
FY 2023
Compared with 5,777 similar organizations
(United States, Community Improvement, $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
|
58.7% | 84.1% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
37.3% | 12.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
31.2 mo | 11.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.0% | 3.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.6% | 93.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
92.1% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.8% | 13.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
60.0% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $623K | $249K | $647K | 58.7% | 2 |
| 2022 | $324K | $215K | $273K | 61.6% | 5 |
| 2021 | $213K | $210K | N/A | — | 2 |
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