Education
(B420)
IRS Verified
DX Registered
990 on File
MOREHOUSE COLLEGE
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Upward Bound program is designed to develop academic skills necessary for success in post-secondary education for low-income and or first generation high school students.
Financial Overview — FY 2023
$141.6M
Total Revenue
$141.1M
Total Expenses
$467.8M
Net Assets
1038
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
68.0%
Fundraising Efficiency
N/A
Operating Reserve
39.79x
Liability-to-Asset
4.1%
Revenue Diversification
49.7%
Executive Compensation
$11.9M
Compared with Peers
FY 2023
Compared with 607 similar organizations
(United States, Education, $100M and over 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
|
68.0% | 87.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
29.0% | 10.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 1.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
39.8 mo | 20.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.1% | 27.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
49.7% | 84.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-4.5% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.0% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.4% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $141.6M | $141.1M | $467.8M | 68.0% | 1038 |
| 2022 | $148.3M | $139.7M | $448.8M | 68.7% | 994 |
| 2021 | $206.0M | $104.3M | N/A | — | 1000 |
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