Benjamin D & Ruby G Schulman Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Benjamin D & Ruby G Schulman Foundation is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1976, with $7,267,224 in FY2024 revenue. CharityIndex grades it C+.
Mccarter English 265 Franklin St, Boston, MA, 02110 EIN 04-2585160 Since 1976
Revenue (FY2024)
$7.3M
▲ 86.8% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$19.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Benjamin D & Ruby G Schulman Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating179 mo reserves · +82% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Benjamin D & Ruby G Schulman Foundation: 179 mo reserves · +82% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Benjamin D & Ruby G Schulman Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Benjamin D & Ruby G Schulman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Mccarter English 265 Franklin St, Boston, MA, 02110
- City
- Boston
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $24K (FY2013) to $7.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $19.1M
Operating margin
82.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.1M
Total liabilities
$0
Net assets
$19.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,267,224▲86.8% | $1,279,505▼41.4% | $19,108,392▲40.0% | $19,108,392▲40.0% | 990PF |
| 2023 | $3,890,758▼39.5% | $2,182,533▲146% | $13,645,956▲16.7% | $13,645,956▲16.7% | 990PF |
| 2022 | $6,426,243▲17.6% | $885,766▲216% | $11,693,774▲82.8% | $11,693,774▲82.8% | 990PF |
| 2021 | $5,464,717▲742% | $280,390▲42.1% | $6,397,803▲471% | $6,397,803▲471% | 990PF |
| 2020 | $649,285▲777% | $197,356▲49.1% | $1,120,274▲67.5% | $1,120,274▲67.5% | 990PF |
| 2019 | $74,061▼17.8% | $132,324▲67.1% | $668,641▼5.8% | $668,641▼5.8% | 990PF |
| 2018 | $90,107▼10.9% | $79,170▼37.8% | $709,629▼5.5% | $709,629▼5.5% | 990PF |
| 2017 | $101,120▼1.1% | $127,191▲86.4% | $750,647▼3.4% | $750,647▼3.4% | 990PF |
| 2016 | $102,267▼10.8% | $68,230▼26.0% | $776,718▲9.7% | $776,718▲9.7% | 990PF |
| 2015 | $114,633▲288% | $92,176▲230% | $707,723▲3.3% | $707,723▲3.3% | 990PF |
| 2014 | $29,568▲21.5% | $27,969▼59.8% | $685,266▲0.2% | $685,266▲0.2% | 990PF |
| 2013 | $24,339 | $69,503▼12.7% | $683,667▼6.2% | $683,667▼6.2% | 990PF |
| 2012 | — | $79,626▼1.7% | $728,831▼5.8% | $728,831▼5.8% | 990PF |
| 2011 | — | $80,990▼4.9% | $773,614▼5.8% | $773,614▼5.8% | 990PF |
| 2010 | — | $85,134 | $821,628 | $821,628 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Benjamin D & Ruby G Schulman Foundation a legitimate nonprofit?
- Yes. Benjamin D & Ruby G Schulman Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2585160, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Benjamin D & Ruby G Schulman Foundation's EIN?
- Benjamin D & Ruby G Schulman Foundation's Employer Identification Number (EIN) is 04-2585160.
- How much revenue does Benjamin D & Ruby G Schulman Foundation report?
- Benjamin D & Ruby G Schulman Foundation reported $7,267,224 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Benjamin D & Ruby G Schulman Foundation have?
- CharityIndex grades Benjamin D & Ruby G Schulman Foundation C+, based on financial health (reserves and operating margin).
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Data for Benjamin D & Ruby G Schulman Foundation (EIN 04-2585160) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.