Housing & Shelter
(L03)
IRS Verified
DX Registered
990 on File
WAKE COUNTY CONTINUUM OF CARE
Financial strength (30%)
57/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Raleigh/Wake Partnership to End and Prevent Homelessness is a service system that works through the power of partnerships and collaboration to end and prevent homelessness in the area. By providing a formal network of agencies, gaps are closed and solutions are created among community members in Raleigh and Wake County. Some of the work the Partnership does is bring together committees and work groups, improve housing and crisis response services, collect data, maintain partnerships, and increase public awareness and advocacy.
Financial Overview — FY 2023
$843K
Total Revenue
$1.1M
Total Expenses
$210K
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
63.9%
Fundraising Efficiency
N/A
Operating Reserve
2.37x
Liability-to-Asset
23.4%
Revenue Diversification
100.0%
Compared with Peers
FY 2023
Compared with 3,477 similar organizations
(United States, Housing & Shelter, $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
|
63.9% | 86.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
36.0% | 10.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.4 mo | 12.7 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
23.4% | 40.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 90.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-47.2% | 5.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-23.5% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-26.0% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $843K | $1.1M | $210K | 63.9% | 17 |
| 2022 | $1.6M | $1.4M | $430K | 76.8% | 22 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.