Youth Development
(O99)
990 on File
PROVIDENCE HEIGHTS FKA THE PURPOSE
Financial strength (30%)
45/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$402K
Total Revenue
$1.9M
Total Expenses
$221K
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
59.5%
Fundraising Efficiency
1159.5%
Operating Reserve
1.40x
Liability-to-Asset
17.6%
Revenue Diversification
102.4%
Executive Compensation
$284K
Compared with Peers
FY 2023
Compared with 1,722 similar organizations
(United States, Youth Development, $1M–$10M 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
|
59.5% | 82.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.6% | 12.0% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.9% | 3.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1159.5% | 140.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.4 mo | 12.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
17.6% | 8.9% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
102.4% | 89.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-88.5% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.9% | 14.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-371.1% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $402K | $1.9M | $221K | 59.5% | 8 |
| 2022 | $3.5M | $1.6M | $1.7M | 58.5% | 8 |
| 2021 | $1.3M | $1.1M | N/A | — | 8 |
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