Housing & Shelter
(L40)
990 on File
KORB FAMILY FOUNDATION
Financial strength (30%)
59/100
Reliability (20%)
45/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$0
Total Revenue
$164K
Total Expenses
$273K
Net Assets
N/A
Employees
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
19.93x
Liability-to-Asset
N/A
Revenue Diversification
N/A
Compared with Peers
FY 2024
Compared with 5,473 similar organizations
(United States, Housing & Shelter, $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
|
100.0% | 87.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.9 mo | 13.6 mo |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-100.0% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1013.9% | 5.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $0 | $164K | $273K | 100.0% | — |
| 2023 | $-117,363 | $15K | $437K | — | — |
| 2022 | $-143,895 | $192K | $569K | 0.0% | 1 |
| 2021 | $594K | $580 | N/A | — | 0 |
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