Education
(B92)
IRS Verified
DX Registered
990 on File
CATCH UP & READ INC
Financial strength (30%)
89/100
Reliability (20%)
50/100
Effectiveness (25%)
86/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To Catch at-risk elementary students up to grade level reading by 3rd grade.
Financial Overview — FY 2023
$1.5M
Total Revenue
$1.5M
Total Expenses
$2.0M
Net Assets
13
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.8%
Fundraising Efficiency
N/A
Operating Reserve
16.13x
Liability-to-Asset
2.4%
Revenue Diversification
64.8%
Compared with Peers
FY 2023
Compared with 11,226 similar organizations
(United States, Education, $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
|
84.8% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.4% | 13.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.1 mo | 8.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.4% | 23.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.8% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
3.4% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
23.5% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.4% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $2.0M | 84.8% | 13 |
| 2022 | $1.4M | $1.2M | $2.1M | 80.8% | 15 |
| 2021 | $918K | $1.1M | N/A | — | 11 |
| 2020 | $1.2M | $356K | N/A | — | 9 |
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