Philanthropy & Grantmaking
(T90)
990 on File
RICHARD R REED FOUNDATION
Financial strength (30%)
69/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$552K
Total Revenue
$749K
Total Expenses
$8.7M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.3%
Fundraising Efficiency
N/A
Operating Reserve
140.15x
Liability-to-Asset
0.0%
Revenue Diversification
96.3%
Executive Compensation
$5K
Compared with Peers
FY 2023
Compared with 26,148 similar organizations
(United States, Philanthropy & Grantmaking, $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
|
93.3% | 90.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
140.2 mo | 106.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.3% | 90.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-50.2% | 4.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.5% | 2.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-35.6% | -10.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $552K | $749K | $8.7M | 93.3% | — |
| 2022 | $1.1M | $643K | $6.8M | 94.5% | — |
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