Michael B Rukin Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Michael B Rukin Charitable Foundation is a 501(c)(3) organization based in Exton, Pennsylvania, registered in 1989, with $144,498 in FY2024 revenue. CharityIndex grades it F.
401 Gordon Dr Ste E, Exton, PA, 19341 EIN 22-2992115 Since 1989
Revenue (FY2024)
$144K
▼ 53.6% vs prior year
Expenses (FY2024)
$797K
Net assets
$7.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Michael B Rukin 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 →
FFinancial health25% of the rating110 mo reserves · -451% 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 Michael B Rukin Charitable Foundation: 110 mo reserves · -451% margin earns a F 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 Michael B Rukin 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 →
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 Michael B Rukin Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 401 Gordon Dr Ste E, Exton, PA, 19341
- City
- Exton
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from -$171K (FY2017) to $144K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.3M
Operating margin
-451.3%
Spent more than it raised in the latest fiscal year.
Total assets
$7.3M
Total liabilities
$0
Net assets
$7.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $144,498▼53.6% | $796,585▲2.9% | $7,332,260▼4.4% | $7,332,260▼4.4% | 990PF |
| 2023 | $311,641▲129% | $774,241▼10.7% | $7,671,337▼5.4% | $7,671,337▼5.4% | 990PF |
| 2022 | -$1,084,695▼167% | $866,776▲21.5% | $8,111,304▼4.4% | $8,111,304▼4.4% | 990PF |
| 2021 | $1,630,144▲75.1% | $713,150▼24.4% | $8,486,386▲7.4% | $8,486,386▲7.4% | 990PF |
| 2020 | $930,966▲423% | $942,999▲75.3% | $7,898,551▲29.0% | $7,898,551▲15.1% | 990PF |
| 2019 | $178,123▲142% | $537,935▲9.1% | $6,124,569▲11.2% | $6,864,072▼2.0% | 990PF |
| 2018 | -$420,017▼145% | $493,005▲16.9% | $5,506,835▼11.0% | $7,006,853▲5.8% | 990PF |
| 2017 | -$171,292 | $421,697▲728% | $6,185,956▲1613% | $6,625,390▲1735% | 990PF |
| 2012 | — | $50,929▼0.7% | $361,072▼8.5% | $361,072▼8.5% | 990PF |
| 2011 | — | $51,285▲336% | $394,708▲225% | $394,708▲225% | 990PF |
| 2010 | — | $11,766 | $121,359 | $121,359 | 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 Michael B Rukin Charitable Foundation a legitimate nonprofit?
- Yes. Michael B Rukin Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2992115, based in Exton, Pennsylvania. Donations are tax-deductible.
- What is Michael B Rukin Charitable Foundation's EIN?
- Michael B Rukin Charitable Foundation's Employer Identification Number (EIN) is 22-2992115.
- How much revenue does Michael B Rukin Charitable Foundation report?
- Michael B Rukin Charitable Foundation reported $144,498 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Michael B Rukin Charitable Foundation have?
- CharityIndex grades Michael B Rukin Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for Michael B Rukin Charitable Foundation (EIN 22-2992115) 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.