EPISCOPAL RELIEF AND DEVELOPMENT
Mission Statement
Episcopal Relief & Development is the compassionate response of The Episcopal Church to human suffering in the world. Hearing God’s call to seek and serve Christ in all persons and to respect the dignity of every human being, Episcopal Relief & Development serves to bring together the generosity of Episcopalians and others with the needs of the world. Episcopal Relief & Development faithfully administers the funds that it receives from the church and raises from other sources. It provides relief in times of disaster and promotes sustainable development by identifying and addressing the root causes of suffering. Episcopal Relief & Development cherishes its partnerships within the Anglican Communion, with ecumenical bodies, and with others who share a common vision for justice and peace among all people.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
84.3% | 87.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.1% | 11.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.6% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.6 mo | 6.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
10.2% | 34.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.3% | 93.0% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-39.3% | 6.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.6% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-23.7% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $22.5M | $27.9M | $33.8M | 84.3% | 61 |
| 2022 | $37.1M | $26.4M | $37.1M | 82.9% | 58 |
| 2021 | $26.1M | $22.3M | N/A | — | 54 |
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