Employment
(J22)
990 on File
RE WORK RICHMOND INC
Financial strength (30%)
95/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$591K
Total Revenue
$436K
Total Expenses
$725K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.8%
Fundraising Efficiency
N/A
Operating Reserve
19.98x
Liability-to-Asset
9.5%
Revenue Diversification
99.1%
Executive Compensation
$90K
Compared with Peers
FY 2023
Compared with 1,206 similar organizations
(United States, Employment, $100K–$1M in expenses), FY 2023.
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
|
75.8% | 84.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.8% | 12.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.0 mo | 8.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.5% | 4.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.1% | 95.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
12.6% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.6% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
26.3% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $591K | $436K | $725K | 75.8% | 3 |
| 2022 | $525K | $443K | $570K | 76.2% | 6 |
| 2021 | $1.2M | $438K | N/A | — | 5 |
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