Reliant Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Reliant Foundation Inc is a 501(c)(3) organization based in Worcester, Massachusetts, registered in 1988, with $2,511,235 in FY2024 revenue. CharityIndex grades it B.
311 Main St Ste 202, Worcester, MA, 01608 EIN 22-2912515 Since 1988
Revenue (FY2024)
$2.5M
▲ 261.2% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$1.7M
Net assets
$28.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Reliant 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 →
B+Financial health25% of the rating209 mo reserves · +34% 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 Reliant Foundation Inc: 209 mo reserves · +34% 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 Reliant 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 →
CTransparency10% of the rating2 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 Reliant Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 311 Main St Ste 202, Worcester, MA, 01608
- City
- Worcester
- State
- Massachusetts
- Category
- Medical Research
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $701K (FY2013) to $2.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $119KNet assets $28.8M
Operating margin
34.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$29.0M
Total liabilities
$119K
Net assets
$28.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,511,235▲261% | $1,657,200▲9.6% | $28,848,248▲4.0% | $28,966,830▲3.8% | 990 |
| 2023 | $695,207▲56.2% | $1,511,886▲0.2% | $27,736,629▲7.2% | $27,900,604▲7.0% | 990 |
| 2022 | $445,034▼73.8% | $1,508,474▲7.9% | $25,865,423▼19.1% | $26,075,195▼18.5% | 990 |
| 2021 | $1,697,308▲397% | $1,398,349▲6.6% | $31,957,484▲4.5% | $31,984,712▲4.5% | 990 |
| 2020 | $341,415▼96.8% | $1,311,431▲4.5% | $30,576,745▲1.8% | $30,609,784▲1.8% | 990 |
| 2019 | $10,620,867▼25.6% | $1,255,137▲18.8% | $30,040,229▲65.7% | $30,071,465▲65.6% | 990 |
| 2018 | $14,276,317▲2227% | $1,056,687▲41.1% | $18,125,153▲190% | $18,161,635▲188% | 990 |
| 2016 | $613,470▼56.0% | $748,645▲6.4% | $6,246,303▲4.2% | $6,303,407▲4.9% | 990 |
| 2015 | $1,393,011▲79.5% | $703,682▲20.0% | $5,993,526▲2.3% | $6,008,601▲2.3% | 990 |
| 2014 | $775,914▲10.7% | $586,314▲12.5% | $5,861,191▲3.7% | $5,875,473▲3.3% | 990 |
| 2013 | $701,101 | $521,160 | $5,653,761 | $5,685,433 | 990 |
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.
Grants received · $229K total
15 grants to Reliant Foundation Inc totaling $229K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $14,905 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,255 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $15,255 |
| Tufts Associated Health Maintenance Organization Inc | 21st annual drive for a difference | 2019 | $10,000 |
| Tufts Associated Health Maintenance Organization Inc | Shore park 5k 20th anniversary drive for a differ | 2018 | $23,000 |
| Fallon Community Health Plan Inc | General support | 2018 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $7,505 |
| Tufts Associated Health Maintenance Organization Inc | Charity auction | 2017 | $25,000 |
| Fallon Community Health Plan Inc | General support | 2017 | $15,210 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $8,505 |
| Fallon Community Health Plan Inc | General support | 2016 | $15,817 |
| Tufts Associated Health Maintenance Organization Inc | Annual drive for a difference golf classic | 2015 | $20,000 |
| Fallon Community Health Plan Inc | General support | 2015 | $17,000 |
| Tufts Associated Health Maintenance Organization Inc | Annual drive for a difference golf classic | 2014 | $20,000 |
| Fallon Community Health Plan Inc | General support | 2014 | $15,500 |
Similar organizations in Medical Research
Medical Research
Detectogether Inc
Westborough, MA
$2.5M
Bannual revenue
Medical Research
Fraxa Research Foundation Inc
Newburyport, MA
$2.3M
Bannual revenue
Medical Research
Active Site Research Inc
Cambridge, MA
$2.3M
Bannual revenue
Medical Research
Intrepid Alliance Inc
Cambridge, MA
$2.2M
Bannual revenue
Medical Research
Openbiome Foundation Inc
Westport, MA
$2.2M
Dannual revenue
Medical Research
Phare Bio Inc
Boston, MA
$2.1M
Bannual revenue
Medical Research
Cancollaborate
Bedford, MA
$2.1M
Bannual revenue
Medical Research
Northeast Als Consortium Inc
Boston, MA
$2.1M
Bannual revenue
Medical Research
Lown Institute Inc
Needham, MA
$2.0M
Dannual revenue
Medical Research
Punch 4 Parkinsons Corporation
Walpole, MA
$1.9M
C+annual revenue
Compare Reliant Foundation Inc
Frequently asked questions
- Is Reliant Foundation Inc a legitimate nonprofit?
- Yes. Reliant Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2912515, based in Worcester, Massachusetts. Donations are tax-deductible.
- What is Reliant Foundation Inc's EIN?
- Reliant Foundation Inc's Employer Identification Number (EIN) is 22-2912515.
- How much revenue does Reliant Foundation Inc report?
- Reliant Foundation Inc reported $2,511,235 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Reliant Foundation Inc have?
- CharityIndex grades Reliant Foundation Inc B, based on financial health (reserves and operating margin).
More nonprofits in Worcester
Explore more
Data for Reliant Foundation Inc (EIN 22-2912515) 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.