Paul C Richards & Gladys Richards Charitable Foundation is a 501(c)(3) organization based in Wayland, Massachusetts, registered in 1995, with $169,044 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$169K
▲ 23.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$109K
Net assets
$1.3M
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 Paul C Richards & Gladys Richards 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 Paul C Richards & Gladys Richards Charitable Foundation: 148 mo reserves · +35% margin earns a B+ 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 Paul C Richards & Gladys Richards 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 Paul C Richards & Gladys Richards Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $120K (FY2013) to $169K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
35.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $169,044▲23.8% | $109,086▲1.5% | $1,343,694▲4.7% | $1,343,694▲4.7% | 990PF |
| 2023 | $136,599▲244% | $107,437▼10.4% | $1,283,736▲2.3% | $1,283,736▲2.3% | 990PF |
| 2022 | $39,704▼75.7% | $119,968▲7.4% | $1,254,574▼6.0% | $1,254,574▼6.0% | 990PF |
| 2021 | $163,725▲930% | $111,677▲8.1% | $1,334,838▲4.1% | $1,334,838▲4.1% | 990PF |
| 2020 | $15,896▼76.1% | $103,315▲9.5% | $1,282,790▼6.4% | $1,282,790▼6.4% | 990PF |
| 2019 | $66,542▲19.4% | $94,323▼30.1% | $1,370,209▼2.0% | $1,370,209▼2.0% | 990PF |
| 2018 | $55,712▼37.6% | $134,873▲100% | $1,397,990▼5.4% | $1,397,990▼5.4% | 990PF |
| 2017 | $89,275▲10222% | $67,371▼42.4% | $1,477,151▲1.5% | $1,477,151▲1.5% | 990PF |
| 2016 | -$882▼101% | $116,917▲114% | $1,455,247▼7.5% | $1,455,247▼7.5% | 990PF |
| 2015 | $86,059▼9.5% | $54,577▼57.1% | $1,573,046▲2.0% | $1,573,046▲2.0% | 990PF |
| 2014 | $95,085▼20.5% | $127,087▲11.1% | $1,541,564▼2.0% | $1,541,564▼2.0% | 990PF |
| 2013 | $119,645 | $114,424▲2.5% | $1,573,566▲0.3% | $1,573,566▲0.3% | 990PF |
| 2012 | — | $111,641▲5.6% | $1,568,345▼0.2% | $1,568,345▼0.2% | 990PF |
| 2011 | — | $105,728▼0.6% | $1,571,897▼10.4% | $1,571,897▼10.4% | 990PF |
| 2010 | — | $106,370 | $1,755,161 | $1,755,161 | 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 Paul C Richards & Gladys Richards Charitable Foundation (EIN 04-6774586) 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.