Science & Technology
(U20)
IRS Verified
DX Registered
990 on File
HIGHER ORBITS FOUNDATION
Financial strength (30%)
87/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.2M
Total Revenue
$1.1M
Total Expenses
$775K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.5%
Fundraising Efficiency
N/A
Operating Reserve
8.66x
Liability-to-Asset
2.6%
Revenue Diversification
84.9%
Compared with Peers
FY 2024
Compared with 333 similar organizations
(United States, Science & Technology, $1M–$10M 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
|
90.5% | 83.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.0% | 13.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.7 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.6% | 14.5% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.9% | 91.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
16.0% | 11.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-10.6% | 8.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.2% | 1.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.2M | $1.1M | $775K | 90.5% | 0 |
| 2023 | $999K | $1.2M | $691K | 95.0% | 0 |
| 2021 | $1.7M | $674K | N/A | — | 0 |
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