Philanthropy & Grantmaking
(T20)
990 on File
ALUMBRA INNOVATIONS FOUNDATION
Financial strength (30%)
68/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$48.8M
Total Revenue
$31.0M
Total Expenses
$126.9M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.9%
Fundraising Efficiency
N/A
Operating Reserve
49.22x
Liability-to-Asset
0.0%
Revenue Diversification
98.9%
Compared with Peers
FY 2023
Compared with 1,312 similar organizations
(United States, Philanthropy & Grantmaking, $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
|
93.9% | 92.2% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
49.2 mo | 71.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 2.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.9% | 89.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-30.1% | 1.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
90.8% | 10.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
36.6% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $48.8M | $31.0M | $126.9M | 93.9% | — |
| 2022 | $69.8M | $16.2M | $109.1M | 94.3% | — |
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