Lucy E Holcombe Charitable Foundation is a 501(c)(3) organization based in Warren, Rhode Island, registered in 2016, with $280,363 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$280K
▲ 88.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$339K
Net assets
$3.7M
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 Lucy E Holcombe 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 Lucy E Holcombe Charitable Foundation: 132 mo reserves · -21% margin earns a C+ 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 Lucy E Holcombe 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 Lucy E Holcombe Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $422K (FY2016) to $280K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-21.0%
Spent more than it raised in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$50K
Net assets
$3.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $280,363▲88.8% | $339,161▲42.3% | $3,735,117▼1.5% | $3,785,117▼0.2% | 990PF |
| 2023 | $148,536▲84.9% | $238,382▼16.3% | $3,793,915▼2.3% | $3,793,915▼2.3% | 990PF |
| 2022 | $80,346▼69.2% | $284,666▼5.8% | $3,883,761▼5.0% | $3,883,761▼5.0% | 990PF |
| 2021 | $260,958▲5.7% | $302,331▲6.9% | $4,088,081▼1.0% | $4,088,081▼1.0% | 990PF |
| 2020 | $246,826▼49.0% | $282,712▼0.1% | $4,129,454▼0.9% | $4,129,454▼0.9% | 990PF |
| 2019 | $483,996▲3.2% | $282,980▲8.8% | $4,165,340▲5.1% | $4,165,340▲5.1% | 990PF |
| 2018 | $468,923▼19.9% | $260,204▼6.4% | $3,964,324▲5.6% | $3,964,324▲5.6% | 990PF |
| 2017 | $585,444▲38.7% | $277,950▼8.5% | $3,755,605▲8.9% | $3,755,605▲8.9% | 990PF |
| 2016 | $421,964 | $303,757 | $3,448,111 | $3,448,111 | 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 Lucy E Holcombe Charitable Foundation (EIN 47-4796428) 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.