R&b Abbasi Foundation Inc
Only null% goes to programs Growing revenue
R&b Abbasi Foundation Inc is a 501(c)(3) organization based in Belle Mead, New Jersey, registered in 2016, with $505,337 in FY2024 revenue. CharityIndex grades it C+.
181 Grayson Dr, Belle Mead, NJ, 08502 EIN 81-3425275 Since 2016
Revenue (FY2024)
$505K
▲ 242.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$316K
Net assets
$124K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—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 R&b Abbasi Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +37% 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 R&b Abbasi Foundation Inc: 5 mo reserves · +37% margin earns a A 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 R&b Abbasi Foundation Inc— 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 R&b Abbasi Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 181 Grayson Dr, Belle Mead, NJ, 08502
- City
- Belle Mead
- State
- New Jersey
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $300K (FY2016) to $505K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $124K
Operating margin
37.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$124K
Total liabilities
$0
Net assets
$124K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $505,337▲242% | $315,981▲45.6% | $123,637▲325% | $123,637▲325% | 990PF |
| 2023 | $147,548▲5.4% | $216,994▼13.4% | $29,110▼77.6% | $29,110▼77.6% | 990PF |
| 2022 | $140,053▲227% | $250,612▲103% | $129,955▼58.4% | $129,955▼58.4% | 990PF |
| 2021 | $42,810▼63.8% | $123,164▲14.2% | $312,140▼16.4% | $312,140▼16.4% | 990PF |
| 2020 | $118,398▼14.0% | $107,852▼26.6% | $373,185▲8.9% | $373,185▲8.9% | 990PF |
| 2019 | $137,726▲22.1% | $146,938▲12.2% | $342,776▲13.7% | $342,776▲13.7% | 990PF |
| 2018 | $112,777▼55.2% | $130,954▼33.8% | $301,362▼7.9% | $301,362▼7.9% | 990PF |
| 2017 | $251,634▼16.1% | $197,859▲286% | $327,189▲31.5% | $327,189▲31.5% | 990PF |
| 2016 | $300,000 | $51,280 | $248,720 | $248,720 | 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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Frequently asked questions
- Is R&b Abbasi Foundation Inc a legitimate nonprofit?
- Yes. R&b Abbasi Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-3425275, based in Belle Mead, New Jersey. Donations are tax-deductible.
- What is R&b Abbasi Foundation Inc's EIN?
- R&b Abbasi Foundation Inc's Employer Identification Number (EIN) is 81-3425275.
- How much revenue does R&b Abbasi Foundation Inc report?
- R&b Abbasi Foundation Inc reported $505,337 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does R&b Abbasi Foundation Inc have?
- CharityIndex grades R&b Abbasi Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for R&b Abbasi Foundation Inc (EIN 81-3425275) 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.