Martin W Richard Charitable is a 501(c)(3) organization based in Dorchester, Massachusetts, registered in 2014, with $1,018,800 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.0M
▼ 29.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.0M
Net assets
$2.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Martin W Richard Charitable— 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 Martin W Richard Charitable: 25 mo reserves · -0% margin earns a A 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 Martin W Richard Charitable— 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 Martin W Richard Charitable: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.6M (FY2014) to $1.0M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$172K
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,018,800▼29.2% | $1,018,946▼31.3% | $2,159,407▼1.8% | $2,331,677▼18.7% | 990 |
| 2023 | $1,439,990▲158% | $1,483,123▼22.0% | $2,199,740▲11.2% | $2,869,172▲5.3% | 990 |
| 2022 | $557,428▼27.4% | $1,900,430▲69.1% | $1,978,153▼51.3% | $2,724,200▼33.3% | 990 |
| 2021 | $768,279▲55.5% | $1,123,878▲4.7% | $4,062,106▼9.0% | $4,083,708▼9.4% | 990 |
| 2020 | $494,156▼64.7% | $1,073,907▼47.8% | $4,464,474▲0.2% | $4,507,616▼0.4% | 990 |
| 2019 | $1,398,329▼42.7% | $2,058,211▼7.8% | $4,454,683▲0.9% | $4,523,589▲1.5% | 990 |
| 2018 | $2,442,365▲8.0% | $2,233,369▲64.0% | $4,414,904▼4.9% | $4,455,410▼5.2% | 990 |
| 2017 | $2,261,507▲46.5% | $1,362,217▲201% | $4,642,469▲37.3% | $4,699,200▲37.5% | 990 |
| 2016 | $1,544,132▲21.2% | $453,208▲16.6% | $3,381,801▲58.6% | $3,417,031▲59.0% | 990 |
| 2015 | $1,274,009▼18.5% | $388,620▲132% | $2,132,782▲52.8% | $2,148,958▲52.9% | 990 |
| 2014 | $1,564,109 | $167,376 | $1,395,867 | $1,405,887 | 990 |
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.
17 grants to Martin W Richard Charitable totaling $315K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $11,575 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $21,476 |
| American Online Giving Foundation Inc | General support | 2022 | $8,074 |
| Ayco Charitable Foundation | Community & human services | 2022 | $5,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $18,476 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $18,476 |
| Ayco Charitable Foundation | Community & human services | 2021 | $5,100 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $8,225 |
| United Way Worldwide | General charitable operations | 2020 | $7,300 |
| American Online Giving Foundation Inc | General support | 2019 | $23,321 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $15,500 |
| Donor Advised Charitable Giving | Public, societal benefit | 2019 | $8,200 |
| The Miami Foundation Inc | Program support | 2018 | $100,000 |
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Data for Martin W Richard Charitable (EIN 35-2491896) 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.