Human Services
(P01)
IRS Verified
DX Registered
990 on File
LOVING HEARTS FOR CHRIST BEAR CLOSET
Financial strength (30%)
67/100
Reliability (20%)
40/100
Effectiveness (25%)
83/100
Impact (25%)
60/100
CharityAI™ Score
Not yet evaluated
Mission Statement
The B.E.A.R Closet of Marion strives to improve the quality of life for families and individuals in need by providing essential items, food, education, and resources for access to care. We work to build a community of support that is confidential, giving, and free of judgement."
Financial Overview — FY 2024
$71K
Total Revenue
$34K
Total Expenses
$33K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
11.68x
Liability-to-Asset
19.3%
Revenue Diversification
92.6%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 11,641 similar organizations
(United States, Human Services, under $100K 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% | 83.2% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 7.9% |
P10P90
|
Top quarter |
|
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
|
11.7 mo | 15.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.6% | 100.0% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
51.9% | 9.2% |
P10P90
|
Impact
2 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| 25800 | 10,253 | $2,150.00 | — | Per Month |
| 58148.36 | 10,254 | $25.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $71K | $34K | $33K | 100.0% | 0 |
| 2023 | $0 | $0 | N/A | — | 0 |
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