Charity Search / DAMON AND SARA GADD FAMILY FUNDATION
Philanthropy & Grantmaking (T20Z) 990 on File

DAMON AND SARA GADD FAMILY FUNDATION

EIN: 65-6172650 · BOSTON, MA 02110-4142 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 95/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$384K
Total Revenue
$326K
Total Expenses
$4.7M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.6%
Fundraising Efficiency N/A
Operating Reserve 171.90x
Liability-to-Asset 0.0%
Revenue Diversification 86.1%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $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
83.6% 90.2%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
171.9 mo 95.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
86.1% 90.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
-1792.6% 18.5%
P10P90
Expense growth
Year over year expense growth
-18.8% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
15.2% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $384K $326K $4.7M 83.6%
2023 $-22,686 $401K $4.6M 87.8%
2022 $-846,823 $390K $5.0M 85.0%
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Organization Details
EIN
65-6172650
State
MA
City
BOSTON
ZIP
02110-4142
Classification
T20Z
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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