Bishop Russell J Mcvinney Memorial Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Bishop Russell J Mcvinney Memorial Foundation is a 501(c)(3) organization based in Providence, Rhode Island, registered in 1974, with $106,217 in FY2024 revenue. CharityIndex grades it C+.
485 Mount Pleasant Ave, Providence, RI, 02908 EIN 23-7399394 Since 1974
Revenue (FY2024)
$106K
▲ 578.8% vs prior year
Expenses (FY2024)
$74K
Net assets
$1.3M
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 Bishop Russell J Mcvinney Memorial 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 rating217 mo reserves · +30% 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 Bishop Russell J Mcvinney Memorial Foundation: 217 mo reserves · +30% 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 Bishop Russell J Mcvinney Memorial 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 Bishop Russell J Mcvinney Memorial Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 485 Mount Pleasant Ave, Providence, RI, 02908
- City
- Providence
- State
- Rhode Island
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $14K (FY2013) to $106K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.3M
Operating margin
30.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $106,217▲579% | $74,323▲33.3% | $1,345,528▲15.1% | $1,345,528▲15.1% | 990PF |
| 2023 | $15,647▲17.1% | $55,776▲22.9% | $1,169,269▲11.0% | $1,169,269▲11.0% | 990PF |
| 2022 | $13,364▲3.1% | $45,375▼21.8% | $1,053,474▼4.2% | $1,053,474▼4.2% | 990PF |
| 2021 | $12,960▼2.7% | $58,029▲0.2% | $1,099,858▲6.5% | $1,099,858▲6.5% | 990PF |
| 2020 | $13,320▼15.5% | $57,934▲79.0% | $1,033,127▲4.1% | $1,033,127▲4.1% | 990PF |
| 2019 | $15,754▲17.5% | $32,371▼25.2% | $992,743▲7.7% | $992,743▲7.7% | 990PF |
| 2018 | $13,403▲19.6% | $43,290▼16.9% | $921,674▼0.6% | $921,674▼0.6% | 990PF |
| 2017 | $11,204▲10.9% | $52,120▲32.2% | $927,130▲1.6% | $927,130▲1.6% | 990PF |
| 2016 | $10,107▲18.7% | $39,415▼30.3% | $912,322▼1.4% | $912,322▼1.4% | 990PF |
| 2015 | $8,516▼41.1% | $56,517▲4.5% | $925,053▼3.0% | $925,053▼3.0% | 990PF |
| 2014 | $14,453▲5.9% | $54,071▼10.6% | $953,680▼0.9% | $953,680▼0.9% | 990PF |
| 2013 | $13,647 | $60,459▼14.6% | $961,980▲1.8% | $961,980▲1.8% | 990PF |
| 2012 | — | $70,765▼25.7% | $945,377▼3.5% | $945,377▼3.5% | 990PF |
| 2011 | — | $95,184 | $979,571 | $979,571 | 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 Bishop Russell J Mcvinney Memorial Foundation a legitimate nonprofit?
- Yes. Bishop Russell J Mcvinney Memorial Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7399394, based in Providence, Rhode Island. Donations are tax-deductible.
- What is Bishop Russell J Mcvinney Memorial Foundation's EIN?
- Bishop Russell J Mcvinney Memorial Foundation's Employer Identification Number (EIN) is 23-7399394.
- How much revenue does Bishop Russell J Mcvinney Memorial Foundation report?
- Bishop Russell J Mcvinney Memorial Foundation reported $106,217 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bishop Russell J Mcvinney Memorial Foundation have?
- CharityIndex grades Bishop Russell J Mcvinney Memorial Foundation C+, based on financial health (reserves and operating margin).
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Data for Bishop Russell J Mcvinney Memorial Foundation (EIN 23-7399394) 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.