C E Richardson Benevolent Foundation is a 501(c)(3) organization based in Pulaski, Virginia, registered in 1978, with $230,933 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$231K
▲ 7.8% vs prior year
Expenses (FY2024)
$353K
Net assets
$1.5M
Employees
—
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 C E Richardson Benevolent Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 C E Richardson Benevolent Foundation: 50 mo reserves · -53% margin earns a F on this criterion. See the exact thresholds →
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 C E Richardson Benevolent Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 C E Richardson Benevolent Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $147K (FY2020) to $231K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-52.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$1,374
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $230,933▲7.8% | $352,549▲16.9% | $1,472,821▼7.6% | $1,474,195▼7.6% | 990PF |
| 2023 | $214,293▼22.4% | $301,594▼3.5% | $1,594,379▼5.2% | $1,595,092▼5.4% | 990PF |
| 2022 | $276,161▼34.1% | $312,470▼14.4% | $1,681,671▼2.1% | $1,686,626▼1.9% | 990PF |
| 2021 | $419,234▲185% | $365,110▲30.6% | $1,717,980▲3.3% | $1,719,444▲3.2% | 990PF |
| 2020 | $146,957 | $279,621 | $1,663,856 | $1,665,414 | 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.
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Data for C E Richardson Benevolent Foundation (EIN 51-0227549) 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.