Human Services
(P73Z)
IRS Verified
DX Registered
990 on File
TOWARD INDEPENDENCE INC
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$20.9M
Total Revenue
$19.6M
Total Expenses
$16.1M
Net Assets
516
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.8%
Fundraising Efficiency
47.7%
Operating Reserve
9.81x
Liability-to-Asset
12.1%
Revenue Diversification
96.9%
Executive Compensation
$266K
Compared with Peers
FY 2024
Compared with 2,032 similar organizations
(United States, Human Services, $10M–$100M 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
|
84.8% | 87.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.1% | 11.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.2% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
47.7% | 423.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.8 mo | 6.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.1% | 32.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.9% | 92.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
20.8% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.2% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.9% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $20.9M | $19.6M | $16.1M | 84.8% | 516 |
| 2023 | $17.3M | $18.1M | $14.4M | 84.0% | 468 |
| 2022 | $18.4M | $16.7M | $15.2M | 82.4% | 424 |
| 2021 | $18.8M | $16.2M | $14.2M | 84.3% | 476 |
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