Religion-Related
(X99)
990 on File
LAUNCH GLOBAL
Financial strength (30%)
92/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2022
$9.9M
Total Revenue
$10.1M
Total Expenses
$5.6M
Net Assets
156
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.4%
Fundraising Efficiency
N/A
Operating Reserve
6.62x
Liability-to-Asset
4.4%
Revenue Diversification
99.3%
Executive Compensation
$439K
Compared with Peers
FY 2022
Compared with 183 similar organizations
(United States, Religion-Related, $10M–$100M in expenses), FY 2022.
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
|
84.4% | 87.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.9% | 8.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.7% | 2.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.6 mo | 9.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.4% | 13.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.3% | 94.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-4.0% | 5.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.0% | 11.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.2% | 5.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2022 | $9.9M | $10.1M | $5.6M | 84.4% | 156 |
| 2021 | $10.4M | $9.5M | N/A | — | 166 |
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