Nichols-handy Charitable Foundation is a 501(c)(3) organization based in Kittery Point, Maine, registered in 2004, with $391 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$391
▲ 33.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1,400
Net assets
$14K
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 Nichols-handy 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 Nichols-handy Charitable Foundation: 118 mo reserves · -258% margin earns a F 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 Nichols-handy 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 Nichols-handy Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3 (FY2013) to $391 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-258.1%
Spent more than it raised in the latest fiscal year.
Total assets
$14K
Total liabilities
$0
Net assets
$14K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $391▲33.9% | $1,400▼0.8% | $13,746▼6.8% | $13,746▼6.8% | 990PF |
| 2023 | $292▲35.8% | $1,412▼5.6% | $14,755▼7.1% | $14,755▼7.1% | 990PF |
| 2022 | $215▲924% | $1,495▼7.7% | $15,875▼7.5% | $15,875▼7.5% | 990PF |
| 2021 | $21▲101% | $1,619▼3.2% | $17,155▼8.5% | $17,155▼8.5% | 990PF |
| 2020 | -$1,825▼538% | $1,672▼2.6% | $18,753▼15.7% | $18,753▼15.7% | 990PF |
| 2019 | $417▼43.1% | $1,717▼8.9% | $22,250▼5.5% | $22,250▼5.5% | 990PF |
| 2018 | $733▲176% | $1,885▲2.8% | $23,550▼4.7% | $23,550▼4.7% | 990PF |
| 2017 | -$970▼275% | $1,834▼0.9% | $24,702▼10.2% | $24,702▼10.2% | 990PF |
| 2016 | $555▼15.8% | $1,850▼8.0% | $27,506▼4.5% | $27,506▼4.5% | 990PF |
| 2015 | $659▲1.1% | $2,010▼10.7% | $28,801▼4.5% | $28,801▼4.5% | 990PF |
| 2014 | $652▲21633% | $2,250▼4.7% | $30,152▼5.0% | $30,152▼5.0% | 990PF |
| 2013 | $3 | $2,360▼4.1% | $31,750▼6.9% | $31,750▼6.9% | 990PF |
| 2012 | — | $2,460▼8.2% | $34,107▼6.7% | $34,107▼6.7% | 990PF |
| 2011 | — | $2,680▼8.8% | $36,561▼6.8% | $36,561▼6.8% | 990PF |
| 2010 | — | $2,940 | $39,235 | $39,235 | 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 Nichols-handy Charitable Foundation (EIN 20-1206760) 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.