Housing & Shelter
(L210)
IRS Verified
DX Registered
990 on File
TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$29.6M
Total Revenue
$28.5M
Total Expenses
$74.5M
Net Assets
556
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.9%
Fundraising Efficiency
N/A
Operating Reserve
31.33x
Liability-to-Asset
34.9%
Revenue Diversification
51.4%
Executive Compensation
$1.1M
Compared with Peers
FY 2023
Compared with 663 similar organizations
(United States, Housing & Shelter, $10M–$100M 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
|
76.9% | 87.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.8% | 10.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
31.3 mo | 5.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
34.9% | 66.9% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
51.4% | 92.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
7.3% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.4% | 9.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.6% | 0.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $29.6M | $28.5M | $74.5M | 76.9% | 556 |
| 2022 | $27.6M | $23.5M | $73.4M | 73.8% | 575 |
| 2021 | $60.2M | $29.3M | N/A | — | 609 |
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