R H Pickering Family Foundation is a 501(c)(3) organization based in Lubbock, Texas, registered in 2007, with $471,051 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$471K
▼ 94.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$622K
Net assets
$12.3M
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 R H Pickering Family 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 R H Pickering Family Foundation: 238 mo reserves · -32% margin earns a D 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 R H Pickering Family 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 R H Pickering Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $180K (FY2013) to $471K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-32.0%
Spent more than it raised in the latest fiscal year.
Total assets
$12.3M
Total liabilities
$0
Net assets
$12.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $471,051▼94.9% | $621,755▲134% | $12,331,256▲2.7% | $12,331,256▲2.7% | 990PF |
| 2023 | $9,281,850▲8101% | $266,001▲30.7% | $12,010,022▲284% | $12,010,022▲284% | 990PF |
| 2022 | $113,178▼93.0% | $203,503▲80.4% | $3,128,033▼2.8% | $3,128,033▼2.8% | 990PF |
| 2021 | $1,611,640▲2055% | $112,791▲233% | $3,218,358▲66.3% | $3,218,358▲66.3% | 990PF |
| 2020 | $74,775▼52.3% | $33,911▼79.4% | $1,935,433▲3.1% | $1,935,433▲3.1% | 990PF |
| 2019 | $156,648▲447% | $164,741▲76.8% | $1,876,958▲6.4% | $1,876,958▲6.4% | 990PF |
| 2016 | $28,657▼37.9% | $93,193▲389% | $1,764,340▼3.5% | $1,764,340▼3.5% | 990PF |
| 2015 | $46,169▼50.6% | $19,047▼88.3% | $1,828,876▲1.5% | $1,828,876▲1.5% | 990PF |
| 2014 | $93,434▼48.1% | $162,762▲68.1% | $1,801,756▼4.0% | $1,801,756▼4.0% | 990PF |
| 2013 | $180,075 | $96,819▼6.8% | $1,877,535▲4.6% | $1,877,535▲4.6% | 990PF |
| 2012 | — | $103,905 | $1,794,401 | $1,794,401 | 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 R H Pickering Family Foundation (EIN 20-8442734) 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.