Joseph T and Helen M Simpson Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Joseph T and Helen M Simpson Foundation is a 501(c)(3) organization based in Buffalo, New York, registered in 1958, with $423,673 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1504, Buffalo, NY, 14240 EIN 23-6242538 Since 1958
Revenue (FY2024)
$424K
▲ 86.2% vs prior year
Expenses (FY2024)
$406K
Net assets
$3.2M
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 Joseph T and Helen M Simpson 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 rating95 mo reserves · +4% 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 Joseph T and Helen M Simpson Foundation: 95 mo reserves · +4% 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 Joseph T and Helen M Simpson 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 Joseph T and Helen M Simpson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $435K (FY2013) to $424K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.2M
Operating margin
4.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$0
Net assets
$3.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $423,673▲86.2% | $406,019▼1.8% | $3,229,700▲0.8% | $3,229,700▲0.8% | 990PF |
| 2023 | $227,477▲41.4% | $413,342▲15.1% | $3,203,117▼5.7% | $3,203,117▼5.7% | 990PF |
| 2022 | $160,820▼79.1% | $358,969▼21.0% | $3,395,152▼5.5% | $3,395,152▼5.5% | 990PF |
| 2021 | $769,418▲135% | $454,568▲22.6% | $3,594,418▲9.6% | $3,594,418▲9.6% | 990PF |
| 2020 | $327,762▲94.7% | $370,861▼1.4% | $3,280,053▼1.3% | $3,280,053▼1.3% | 990PF |
| 2019 | $168,385▼77.3% | $376,254▲11.8% | $3,323,869▼5.5% | $3,323,869▼5.5% | 990PF |
| 2018 | $741,942▲247% | $336,676▲21.4% | $3,516,494▲12.4% | $3,516,494▲12.4% | 990PF |
| 2017 | $213,558▲51.3% | $277,223▼23.1% | $3,129,269▲45.7% | $3,129,269▲45.7% | 990PF |
| 2014 | $141,144▼67.6% | $360,553▼14.5% | $2,148,395▼9.3% | $2,148,395▼9.3% | 990PF |
| 2013 | $435,314 | $421,776▼6.7% | $2,367,823▲0.6% | $2,367,823▲0.6% | 990PF |
| 2012 | — | $452,087▲10.7% | $2,354,286▼5.3% | $2,354,286▼5.3% | 990PF |
| 2011 | — | $408,222▼18.0% | $2,486,561▼4.8% | $2,486,561▼4.8% | 990PF |
| 2010 | — | $497,654 | $2,611,402 | $2,611,402 | 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 Joseph T and Helen M Simpson Foundation a legitimate nonprofit?
- Yes. Joseph T and Helen M Simpson Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-6242538, based in Buffalo, New York. Donations are tax-deductible.
- What is Joseph T and Helen M Simpson Foundation's EIN?
- Joseph T and Helen M Simpson Foundation's Employer Identification Number (EIN) is 23-6242538.
- How much revenue does Joseph T and Helen M Simpson Foundation report?
- Joseph T and Helen M Simpson Foundation reported $423,673 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph T and Helen M Simpson Foundation have?
- CharityIndex grades Joseph T and Helen M Simpson Foundation C+, based on financial health (reserves and operating margin).
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Data for Joseph T and Helen M Simpson Foundation (EIN 23-6242538) 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.