Health Care
(E12)
IRS Verified
DX Registered
990 on File
RAY OF HOPE FOUNDATION
Financial strength (30%)
60/100
Reliability (20%)
55/100
Effectiveness (25%)
48/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Ray of Hope Foundation strives to care for the underprivileged and special needs children and their families in various ways. This could be in the form of nutrition (Feeding Families Campaign which is on going), or educationally support special needs children. We also support our local communities through an annual toy drive for Christmas. We support Child Protective Services, Nasaan's Place (special needs), and Catholic Charities.
Financial Overview — FY 2023
$-2,255
Total Revenue
$49K
Total Expenses
$269K
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio
47.5%
Fundraising Efficiency
N/A
Operating Reserve
65.83x
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Compared with Peers
FY 2023
Compared with 4,806 similar organizations
(United States, Health Care, under $100K 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
|
47.5% | 80.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
52.5% | 12.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
65.8 mo | 29.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-90.9% | -2.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-9.9% | -1.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2275.4% | 13.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $-2,255 | $49K | $269K | 47.5% | 0 |
| 2022 | $-24,796 | $54K | $320K | 41.7% | 0 |
| 2021 | $46K | $55K | N/A | — | 0 |
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