Public & Societal Benefit
(W12)
990 on File
HONARKAR FOUNDATION
Financial strength (30%)
64/100
Reliability (20%)
40/100
Effectiveness (25%)
41/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$385K
Total Revenue
$395K
Total Expenses
$7K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.9%
Fundraising Efficiency
N/A
Operating Reserve
0.21x
Liability-to-Asset
63.6%
Revenue Diversification
98.2%
Compared with Peers
FY 2024
Compared with 1,513 similar organizations
(United States, Public & Societal Benefit, $100K–$1M 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
|
74.9% | 85.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.2 mo | 8.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
63.6% | 0.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.2% | 97.0% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
172.8% | 9.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
218.1% | 11.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.6% | 2.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $385K | $395K | $7K | 74.9% | — |
| 2023 | $141K | $124K | $17K | 84.8% | — |
| 2022 | N/A | N/A | $1 | — | — |
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