Charity Search / USHER III INITIATIVE INC
Diseases & Disorders (G122) 990 on File

USHER III INITIATIVE INC

EIN: 27-2523450 · CHICAGO, IL 60606-1631 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.4M
Total Revenue
$873K
Total Expenses
$2.7M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.1%
Fundraising Efficiency N/A
Operating Reserve 36.47x
Liability-to-Asset 4.8%
Revenue Diversification 100.6%
Compared with Peers
FY 2024
Compared with 1,541 similar organizations (United States, Diseases & Disorders, $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
80.1% 83.1%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.4% 10.9%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.5% 0.3%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
36.5 mo 12.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
4.8% 0.7%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.6% 93.9%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
62.6% 7.6%
P10P90
Expense growth
Year over year expense growth
19.2% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
38.6% 1.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.4M $873K $2.7M 80.1% 0
2023 $874K $733K $2.1M 79.8% 0
2022 $1.8M $924K $2.0M 86.6% 0
2021 $2.5M $2.0M N/A 0
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Organization Details
EIN
27-2523450
State
IL
City
CHICAGO
ZIP
60606-1631
Classification
G122
Category
Diseases & Disorders
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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