Latika & Rajiv Jain Foundaiton
Only null% goes to programs Strong reserves Growing revenue
Latika & Rajiv Jain Foundaiton is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2015, with $124,309 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 47-2378768 Since 2015
Revenue (FY2024)
$124K
▲ 11.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$124K
Net assets
$5.8M
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 Latika & Rajiv Jain Foundaiton— 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 rating561 mo reserves · +0% 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 Latika & Rajiv Jain Foundaiton: 561 mo reserves · +0% 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 Latika & Rajiv Jain Foundaiton— 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 Latika & Rajiv Jain Foundaiton: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $275K (FY2015) to $124K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.8M
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.8M
Total liabilities
$0
Net assets
$5.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $124,309▲11.4% | $124,104▼89.4% | $5,799,655 | $5,799,655 | 990PF |
| 2023 | $111,633▲15.9% | $1,172,332▲57.0% | $5,799,450▼15.5% | $5,799,450▼15.5% | 990PF |
| 2022 | $96,283▲23.9% | $746,792▲1.1% | $6,860,149▼8.3% | $6,860,149▼8.3% | 990PF |
| 2021 | $77,728▼93.6% | $738,963▲155% | $7,484,657▼8.1% | $7,484,657▼8.1% | 990PF |
| 2020 | $1,207,716▲1190% | $289,501▲180% | $8,145,892▲12.7% | $8,145,892▲12.7% | 990PF |
| 2019 | $93,605▲30.5% | $103,547▼60.9% | $7,227,677▼0.1% | $7,227,677▼0.1% | 990PF |
| 2018 | $71,720▼98.0% | $265,085▼37.6% | $7,237,619▼2.6% | $7,237,619▼2.6% | 990PF |
| 2017 | $3,527,004▲17.0% | $424,971▲0.6% | $7,430,984▲71.7% | $7,430,984▲71.7% | 990PF |
| 2016 | $3,014,932▲996% | $422,329▲93.9% | $4,328,951▲149% | $4,328,951▲149% | 990PF |
| 2015 | $275,169 | $217,796 | $1,736,348 | $1,736,348 | 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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Frequently asked questions
- Is Latika & Rajiv Jain Foundaiton a legitimate nonprofit?
- Yes. Latika & Rajiv Jain Foundaiton is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-2378768, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Latika & Rajiv Jain Foundaiton's EIN?
- Latika & Rajiv Jain Foundaiton's Employer Identification Number (EIN) is 47-2378768.
- How much revenue does Latika & Rajiv Jain Foundaiton report?
- Latika & Rajiv Jain Foundaiton reported $124,309 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Latika & Rajiv Jain Foundaiton have?
- CharityIndex grades Latika & Rajiv Jain Foundaiton C+, based on financial health (reserves and operating margin).
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Data for Latika & Rajiv Jain Foundaiton (EIN 47-2378768) 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.