Education
(B420)
990 on File
PHILANDER SMITH COLLEGE
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$25.3M
Total Revenue
$29.7M
Total Expenses
$55.3M
Net Assets
359
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.5%
Fundraising Efficiency
N/A
Operating Reserve
22.31x
Liability-to-Asset
18.6%
Revenue Diversification
56.7%
Executive Compensation
$1.2M
Compared with Peers
FY 2023
Compared with 3,578 similar organizations
(United States, Education, $10M–$100M 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
|
75.5% | 84.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.5% | 13.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.3 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.6% | 34.2% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
56.7% | 87.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-19.4% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.4% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-17.4% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $25.3M | $29.7M | $55.3M | 75.5% | 359 |
| 2022 | $31.4M | $27.2M | $58.0M | 77.2% | 316 |
| 2021 | $53.4M | $24.8M | N/A | — | 356 |
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