Raina K Patel Foundation
Only null% goes to programs Strong reserves Growing revenue
Raina K Patel Foundation is a 501(c)(3) organization based in Bloomfld Hls, Michigan, registered in 1995, with $1,058,811 in FY2024 revenue. CharityIndex grades it C+.
3008 Heron Pointe Dr, Bloomfld Hls, MI, 48302 EIN 38-3246397 Since 1995
Revenue (FY2024)
$1.1M
▲ 206295.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$102K
Net assets
$2.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Raina K Patel Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating313 mo reserves · +90% 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 Raina K Patel Foundation: 313 mo reserves · +90% margin earns a B+ 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 Raina K Patel 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 Raina K Patel Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 3008 Heron Pointe Dr, Bloomfld Hls, MI, 48302
- City
- Bloomfld Hls
- State
- Michigan
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $180K (FY2013) to $1.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.7M
Operating margin
90.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$0
Net assets
$2.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,058,811▲206296% | $102,496▲15.6% | $2,669,621▲83.1% | $2,669,621▲83.1% | 990PF |
| 2023 | $513▼98.8% | $88,680▼26.8% | $1,458,302▼5.7% | $1,458,302▼5.7% | 990PF |
| 2022 | $41,823▼55.6% | $121,100▲59.1% | $1,546,469▼4.9% | $1,546,469▼4.9% | 990PF |
| 2021 | $94,300▼55.4% | $76,125▼35.5% | $1,625,746▲1.1% | $1,625,746▲1.1% | 990PF |
| 2020 | $211,384▲466% | $117,975▼24.8% | $1,607,571▲6.2% | $1,607,571▲6.2% | 990PF |
| 2019 | $37,357▼73.4% | $156,875▲126% | $1,514,162▼7.3% | $1,514,162▼7.3% | 990PF |
| 2018 | $140,213▼49.0% | $69,293▲40.8% | $1,633,680▲4.5% | $1,633,680▲4.5% | 990PF |
| 2017 | $274,843▲3.5% | $49,201▼1.8% | $1,562,760▲16.9% | $1,562,760▲16.9% | 990PF |
| 2016 | $265,566▲72.4% | $50,115▲104% | $1,337,118▲19.2% | $1,337,118▲19.2% | 990PF |
| 2015 | $154,085▼29.1% | $24,511▼3.2% | $1,121,667▲13.1% | $1,121,667▲13.1% | 990PF |
| 2014 | $217,336▲20.4% | $25,312▲128% | $992,093▲24.0% | $992,093▲24.0% | 990PF |
| 2013 | $180,475 | $11,099▲114% | $800,069▲26.9% | $800,069▲26.9% | 990PF |
| 2012 | — | $5,175▲44.5% | $630,693▲33.5% | $630,693▲33.5% | 990PF |
| 2011 | — | $3,581▲4376% | $472,495▲88.2% | $472,495▲88.2% | 990PF |
| 2010 | — | $80 | $251,093 | $251,093 | 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 Raina K Patel Foundation a legitimate nonprofit?
- Yes. Raina K Patel Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3246397, based in Bloomfld Hls, Michigan. Donations are tax-deductible.
- What is Raina K Patel Foundation's EIN?
- Raina K Patel Foundation's Employer Identification Number (EIN) is 38-3246397.
- How much revenue does Raina K Patel Foundation report?
- Raina K Patel Foundation reported $1,058,811 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Raina K Patel Foundation have?
- CharityIndex grades Raina K Patel Foundation C+, based on financial health (reserves and operating margin).
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Data for Raina K Patel Foundation (EIN 38-3246397) 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.