Human Services
(P73)
990 on File
PASSAVANT MEMORIAL HOMES HOUSING INITIATIVE NO 3 INC
Financial strength (30%)
87/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$60K
Total Revenue
$73K
Total Expenses
$429K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.6%
Fundraising Efficiency
N/A
Operating Reserve
70.47x
Liability-to-Asset
1.9%
Revenue Diversification
99.4%
Compared with Peers
FY 2024
Compared with 11,641 similar organizations
(United States, Human Services, under $100K 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
|
87.6% | 83.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.4% | 7.9% |
P10P90
|
Below median |
|
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
|
70.5 mo | 15.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.4% | 100.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-5.4% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-26.5% | -0.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-22.7% | 9.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $60K | $73K | $429K | 87.6% | 0 |
| 2023 | $63K | $99K | $443K | 94.5% | 0 |
| 2022 | $64K | $63K | $479K | 90.7% | 0 |
| 2021 | $66K | $48K | N/A | — | 0 |
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