Carl & Ruth Shapiro Fam Foundation is a 501(c)(3) organization based in Wellesley, Massachusetts, registered in 1966, with $1,328,335 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.3M
▼ 94.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.2M
Net assets
$28.5M
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 Carl & Ruth Shapiro Fam 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 Carl & Ruth Shapiro Fam Foundation: 106 mo reserves · -142% 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 Carl & Ruth Shapiro Fam 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 Carl & Ruth Shapiro Fam Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $930K (FY2014) to $1.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-142.2%
Spent more than it raised in the latest fiscal year.
Total assets
$28.5M
Total liabilities
$0
Net assets
$28.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,328,335▼94.1% | $3,217,080▲10.2% | $28,497,680▼6.7% | $28,497,680▼6.7% | 990PF |
| 2023 | $22,455,595▲1076% | $2,918,114▲58.3% | $30,549,876▲177% | $30,549,876▲177% | 990PF |
| 2022 | $1,909,480▼91.7% | $1,843,680▲31.6% | $11,020,290▲0.6% | $11,020,290▲0.6% | 990PF |
| 2021 | $23,025,330▲34066% | $1,400,742▲66.0% | $10,954,490▲223% | $10,954,490▲223% | 990PF |
| 2020 | $67,393▼93.9% | $843,670▼66.6% | $3,394,457▼19.2% | $3,394,457▼19.2% | 990PF |
| 2019 | $1,106,430▲469% | $2,526,991▲3.4% | $4,198,808▼25.3% | $4,198,808▼25.3% | 990PF |
| 2018 | $194,440▼54.6% | $2,442,920▼70.7% | $5,623,377▼28.6% | $5,623,377▼28.6% | 990PF |
| 2017 | $428,449▼54.3% | $8,329,585▲0.4% | $7,872,062▼50.1% | $7,872,062▼50.1% | 990PF |
| 2016 | $937,472▲9.4% | $8,296,001▼20.9% | $15,763,003▼31.9% | $15,763,003▼31.9% | 990PF |
| 2015 | $857,287▼7.8% | $10,491,079▼1.2% | $23,133,410▼29.4% | $23,133,410▼29.4% | 990PF |
| 2014 | $929,939 | $10,616,478 | $32,779,702 | $32,779,702 | 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 Carl & Ruth Shapiro Fam Foundation (EIN 04-6135027) 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.