Community Improvement
(S20Z)
IRS Verified
DX Registered
990 on File
FIFTH WARD COMMUNITY REDEVELOPMENT
Financial strength (30%)
84/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Fifth Ward CRC is dedicated to catalyzing and fostering holistic community development. By supporting real estate development, home ownership promotion and preservation, cultural and economic development, and community and supportive services, the Fifth Ward CRC works with the community to shape a positive future.
Financial Overview — FY 2024
$6.5M
Total Revenue
$5.0M
Total Expenses
$7.7M
Net Assets
36
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.2%
Fundraising Efficiency
N/A
Operating Reserve
18.46x
Liability-to-Asset
71.1%
Revenue Diversification
87.3%
Executive Compensation
$512K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations
(United States, Community Improvement, $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
|
78.2% | 85.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.4% | 11.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.4% | 0.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.5 mo | 9.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
71.1% | 21.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
87.3% | 90.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
48.7% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-22.4% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
23.3% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $6.5M | $5.0M | $7.7M | 78.2% | 36 |
| 2023 | $4.4M | $6.4M | $6.2M | 84.2% | 43 |
| 2022 | $7.6M | $5.7M | $8.7M | 82.2% | 39 |
| 2021 | $15.6M | $6.8M | N/A | — | 26 |
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