Housing & Shelter
(L40)
IRS Verified
DX Registered
990 on File
GLORY HOUSE OF MIAMI INC
Financial strength (30%)
62/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Glory House of Miami is a Christ-centered non-profit organization devoted to healing and restoring the lives of those who have suffered the abuse and exploitation of human trafficking. We are dedicated to serving the rescued survivors.
Financial Overview — FY 2024
$302K
Total Revenue
$482K
Total Expenses
$47K
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.2%
Fundraising Efficiency
41.1%
Operating Reserve
1.16x
Liability-to-Asset
2.2%
Revenue Diversification
97.0%
Compared with Peers
FY 2024
Compared with 5,473 similar organizations
(United States, Housing & Shelter, $100K–$1M 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
|
78.2% | 87.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.6% | 11.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
41.1% | 18.8% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.2 mo | 13.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.2% | 25.2% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.0% | 91.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-16.0% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
60.9% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-59.8% | -6.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $302K | $482K | $47K | 78.2% | 7 |
| 2023 | $359K | $299K | $227K | 69.0% | 5 |
| 2022 | $329K | $256K | $171K | 100.0% | 5 |
| 2021 | $187K | $164K | N/A | — | 2 |
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