Youth Development
(O50)
IRS Verified
DX Registered
990 on File
NYC KIDS RISE INC
Financial strength (30%)
67/100
Reliability (20%)
45/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
NYC KIDS RISE WORKS TO EXPAND ECONOMIC OPPORTUNITY THROUGH A UNIQUE, COMMUNITY-DRIVEN COLLEGE SAVINGS PROGRAM IN NYC.
Financial Overview — FY 2023
$20.8M
Total Revenue
$17.1M
Total Expenses
$13.6M
Net Assets
28
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.8%
Fundraising Efficiency
N/A
Operating Reserve
9.59x
Liability-to-Asset
62.9%
Revenue Diversification
99.8%
Executive Compensation
$778K
Compared with Peers
FY 2023
Compared with 166 similar organizations
(United States, Youth Development, $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
|
91.8% | 83.0% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.8% | 12.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.4% | 4.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.6 mo | 14.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
62.9% | 16.5% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.8% | 87.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-8.0% | 3.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.2% | 16.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.9% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $20.8M | $17.1M | $13.6M | 91.8% | 28 |
| 2022 | $22.6M | $14.1M | $9.9M | 92.0% | 23 |
| 2021 | $8.3M | $4.2M | N/A | — | 19 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.