Community Improvement
(S430)
IRS Verified
DX Registered
990 on File
PPEP MICROBUSINESS AND HOUSING DEVELOPMENT CORPORATION
Financial strength (30%)
94/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Our Mission: To collect and redistribute surplus medical equipment and supplies to those who may otherwise go without it. Our Vision: PSMA envisions an equitable and healthy society where underserved communities and individuals have fair access to their medical needs.
Financial Overview — FY 2023
$1.9M
Total Revenue
$1.3M
Total Expenses
$5.9M
Net Assets
24
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.0%
Fundraising Efficiency
N/A
Operating Reserve
55.76x
Liability-to-Asset
33.1%
Revenue Diversification
71.1%
Compared with Peers
FY 2023
Compared with 2,193 similar organizations
(United States, Community Improvement, $1M–$10M 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
|
86.0% | 85.1% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.0% | 11.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
55.8 mo | 10.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.1% | 21.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
71.1% | 91.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
4.9% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.8% | 13.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34.8% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.9M | $1.3M | $5.9M | 86.0% | 24 |
| 2022 | $1.9M | $1.2M | $5.2M | 88.4% | 23 |
| 2021 | $3.1M | $974K | N/A | — | 18 |
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