Raymond & Laura Fallona Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Raymond & Laura Fallona Charitable Foundation is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1992, with $744,697 in FY2024 revenue. CharityIndex grades it C+.
Po Box 185, Pittsburgh, PA, 15230 EIN 04-6580695 Since 1992
Revenue (FY2024)
$745K
▲ 70.8% vs prior year
Expenses (FY2024)
$380K
Net assets
$5.3M
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 Raymond & Laura Fallona 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 →
B+Financial health25% of the rating167 mo reserves · +49% 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 Raymond & Laura Fallona Charitable Foundation: 167 mo reserves · +49% 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 Raymond & Laura Fallona 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 →
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 Raymond & Laura Fallona Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 185, Pittsburgh, PA, 15230
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $462K (FY2018) to $745K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.3M
Operating margin
48.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$0
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $744,697▲70.8% | $380,404▲12.6% | $5,303,825▲7.5% | $5,303,825▲7.5% | 990PF |
| 2023 | $435,959▲39.3% | $337,979▼24.1% | $4,934,017▲2.0% | $4,934,017▲2.0% | 990PF |
| 2022 | $312,916▼62.5% | $445,017▲10.7% | $4,837,027▼2.6% | $4,837,027▼2.6% | 990PF |
| 2021 | $834,711▲247% | $401,936▲12.0% | $4,968,465▲9.5% | $4,968,465▲9.5% | 990PF |
| 2020 | $240,461▼6.6% | $358,922▲12.7% | $4,535,986▼2.6% | $4,535,986▼2.6% | 990PF |
| 2019 | $257,390▼44.2% | $318,594▼26.8% | $4,654,994▼1.3% | $4,654,994▼1.3% | 990PF |
| 2018 | $461,678 | $435,029 | $4,716,710 | $4,716,710 | 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.
Frequently asked questions
- Is Raymond & Laura Fallona Charitable Foundation a legitimate nonprofit?
- Yes. Raymond & Laura Fallona Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6580695, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Raymond & Laura Fallona Charitable Foundation's EIN?
- Raymond & Laura Fallona Charitable Foundation's Employer Identification Number (EIN) is 04-6580695.
- How much revenue does Raymond & Laura Fallona Charitable Foundation report?
- Raymond & Laura Fallona Charitable Foundation reported $744,697 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Raymond & Laura Fallona Charitable Foundation have?
- CharityIndex grades Raymond & Laura Fallona Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Raymond & Laura Fallona Charitable Foundation (EIN 04-6580695) 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.