Public & Societal Benefit
(W99)
IRS Verified
DX Registered
990 on File
PARACHUTES FOR PATRIOTS CORP
Financial strength (30%)
60/100
Reliability (20%)
45/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$61K
Total Revenue
$62K
Total Expenses
$67K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
102.0%
Fundraising Efficiency
699.3%
Operating Reserve
13.04x
Liability-to-Asset
3.8%
Revenue Diversification
75.0%
Compared with Peers
FY 2023
Compared with 2,844 similar organizations
(United States, Public & Societal Benefit, under $100K 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
|
102.0% | 80.7% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
699.3% | 46.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.0 mo | 17.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.0% | 100.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
7.2% | -1.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
14.8% | 2.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.0% | 13.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $61K | $62K | $67K | 102.0% | — |
| 2022 | $57K | $54K | $68K | 94.6% | — |
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