Grace W Allsop Foundation is a 501(c)(3) organization based in Providence, Rhode Island, registered in 2001, with $20,667 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$21K
▲ 11.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$37K
Net assets
$195K
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 Grace W Allsop 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 Grace W Allsop Foundation: 62 mo reserves · -81% 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 Grace W Allsop 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 Grace W Allsop Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $25K (FY2013) to $21K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-81.0%
Spent more than it raised in the latest fiscal year.
Total assets
$195K
Total liabilities
$90
Net assets
$195K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $20,667▲11.6% | $37,412▼5.5% | $194,578▼7.9% | $194,668▼8.7% | 990PF |
| 2023 | $18,527▲191% | $39,590▲2.4% | $211,323▼9.1% | $213,123▼8.7% | 990PF |
| 2022 | $6,365▼83.6% | $38,651▲2.0% | $232,386▼12.2% | $233,386▼12.2% | 990PF |
| 2021 | $38,821▲171% | $37,885▼2.8% | $264,672▲0.4% | $265,672▲0.4% | 990PF |
| 2020 | $14,342▼46.7% | $38,965▼9.8% | $263,736▼8.5% | $264,736▼8.5% | 990PF |
| 2019 | $26,916▼2.4% | $43,181▲4.9% | $288,359▼5.3% | $289,359▼5.0% | 990PF |
| 2018 | $27,570▲0.5% | $41,170▼4.7% | $304,624▼4.3% | $304,624▼4.3% | 990PF |
| 2017 | $27,429▲23.9% | $43,182▼12.2% | $318,224▼4.7% | $318,224▼4.7% | 990PF |
| 2016 | $22,135▼20.5% | $49,194▼2.3% | $333,977▼7.5% | $333,977▼7.5% | 990PF |
| 2015 | $27,828▼8.1% | $50,337▲0.5% | $361,036▼5.7% | $361,036▼5.7% | 990PF |
| 2014 | $30,266▲22.2% | $50,081▲2.6% | $382,847▼5.6% | $382,847▼5.6% | 990PF |
| 2013 | $24,765 | $48,803 | $405,679 | $405,679 | 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 Grace W Allsop Foundation (EIN 05-0513795) 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.