Dr Lewis A Hare and Ruth Lerman Hare Charitable Foundation is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2005, with $27,393 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$27K
▲ 315.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$42K
Net assets
$230K
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 Dr Lewis A Hare and Ruth Lerman Hare Charitable 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 Dr Lewis A Hare and Ruth Lerman Hare Charitable Foundation: 66 mo reserves · -52% 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 Dr Lewis A Hare and Ruth Lerman Hare Charitable 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 Dr Lewis A Hare and Ruth Lerman Hare Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $5,811 (FY2016) to $27K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-51.6%
Spent more than it raised in the latest fiscal year.
Total assets
$230K
Total liabilities
$0
Net assets
$230K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,393▲316% | $41,517▲11.4% | $229,617▼5.8% | $229,617▼5.8% | 990PF |
| 2023 | $6,587▲139% | $37,284▼18.0% | $243,741▼11.2% | $243,741▼11.2% | 990PF |
| 2022 | -$16,705▼1670600% | $45,490▲2.1% | $274,438▼18.5% | $274,438▼18.5% | 990PF |
| 2021 | $1▲100% | $44,544▼12.9% | $336,633▼11.7% | $336,633▼11.7% | 990PF |
| 2020 | -$43,029▼594% | $51,115▼0.9% | $381,176▼19.8% | $381,176▼19.8% | 990PF |
| 2019 | $8,715▲111% | $51,570▼1.2% | $475,320▼8.3% | $475,320▼8.3% | 990PF |
| 2018 | $4,139▲109% | $52,205▼3.7% | $518,175▼8.5% | $518,175▼8.5% | 990PF |
| 2017 | -$43,728▼853% | $54,224▼2.9% | $566,241▼14.7% | $566,241▼14.7% | 990PF |
| 2016 | $5,811 | $55,866 | $664,193 | $664,193 | 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 Dr Lewis A Hare and Ruth Lerman Hare Charitable Foundation (EIN 20-2043091) 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.