Arts, Culture & Humanities
(A63)
990 on File
INITIATIVE FOR GROWTH FOUNDATION INC
Financial strength (30%)
71/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$141K
Total Revenue
$153K
Total Expenses
$-9,322
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.0%
Fundraising Efficiency
N/A
Operating Reserve
-0.73x
Liability-to-Asset
27.8%
Revenue Diversification
83.1%
Compared with Peers
FY 2024
Compared with 12,748 similar organizations
(United States, Arts, Culture & Humanities, $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
|
91.0% | 82.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-0.7 mo | 9.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
27.8% | 1.8% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
83.1% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
21.6% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.3% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.0% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $141K | $153K | $-9,322 | 91.0% | — |
| 2023 | $116K | $145K | $12K | 100.0% | — |
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