Education
(B82Z)
IRS Verified
DX Registered
990 on File
SAMUEL READY SCHOLARSHIPS INC
Financial strength (30%)
95/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Samuel Ready Scholarships, Inc. gives academically promising young women in grades 6 -12, who have great financial need and live in diverse areas of Baltimore, access to a Baltimore-area independent school education with opportunities to develop and excel. We support five specific Baltimore-area nonprofit independent schools by providing full tuition scholarships to the schools on behalf of the Scholars nominated by the schools. As long as there are no major changes to the financial need, the goal is to provide funding through high school graduation.
Financial Overview — FY 2025
$1.4M
Total Revenue
$1.2M
Total Expenses
$23.2M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.2%
Fundraising Efficiency
N/A
Operating Reserve
229.68x
Liability-to-Asset
0.0%
Revenue Diversification
77.7%
Executive Compensation
$84K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
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
|
80.2% | 84.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.2% | 12.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.5% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
229.7 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 21.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.7% | 89.4% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
11.5% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.4M | $1.2M | $23.2M | 80.2% | 1 |
| 2023 | $935K | $1.0M | $19.8M | 79.9% | 4 |
| 2022 | $944K | $995K | $18.4M | 78.8% | 3 |
| 2021 | $1.4M | $919K | N/A | — | 2 |
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