Human Services
(P80)
IRS Verified
DX Registered
990 on File
RED HOOK INITIATIVE
Financial strength (30%)
64/100
Reliability (20%)
55/100
Effectiveness (25%)
87/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
At Red Hook Initiative (RHI), we believe that social change to overcome systemic inequities begins with empowered youth. In partnership with community adults, we nurture young people in Red Hook, Brooklyn to be inspired, resilient, and healthy, and to envision themselves as co-creators of their lives, community and society. We envision a Red Hook where all young people can pursue their dreams and grow into independent adults who contribute to their families and community.
Financial Overview — FY 2025
$4.3M
Total Revenue
$5.0M
Total Expenses
$3.0M
Net Assets
187
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.1%
Fundraising Efficiency
339.1%
Operating Reserve
7.17x
Liability-to-Asset
18.7%
Revenue Diversification
98.9%
Executive Compensation
$180K
Compared with Peers
FY 2025
Compared with 3,979 similar organizations
(United States, Human Services, $1M–$10M in expenses), FY 2025.
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
|
70.1% | 85.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.3% | 11.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.6% | 0.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
339.1% | 140.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.2 mo | 9.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.7% | 12.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.9% | 92.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-7.8% | 5.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.9% | 5.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-17.8% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $4.3M | $5.0M | $3.0M | 70.1% | 187 |
| 2024 | $4.6M | $4.7M | $3.8M | 78.8% | 210 |
| 2023 | $3.4M | $5.1M | $3.8M | 74.7% | 202 |
| 2022 | $7.9M | $4.6M | $5.5M | 76.8% | 185 |
| 2021 | $3.8M | $4.4M | N/A | — | 219 |
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