Education
(B20)
990 on File
MCRAE LEARNING CENTER INC
Financial strength (30%)
94/100
Reliability (20%)
40/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.5M
Total Revenue
$1.4M
Total Expenses
$874K
Net Assets
25
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.9%
Fundraising Efficiency
N/A
Operating Reserve
7.49x
Liability-to-Asset
12.8%
Revenue Diversification
74.1%
Compared with Peers
FY 2024
Compared with 7,551 similar organizations
(United States, Education, $1M–$10M 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
|
75.9% | 84.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.1% | 12.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.5 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.8% | 18.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.1% | 89.9% |
P10P90
|
Top quarter |
|
Surplus margin
Surplus as a share of revenue
|
6.0% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.5M | $1.4M | $874K | 75.9% | 25 |
| 2018 | $295K | $289K | N/A | — | 6 |
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