Richard C Devereaux Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Richard C Devereaux Foundation is a 501(c)(3) organization based in Birmingham, Michigan, registered in 1986, with $1,997,588 in FY2024 revenue. CharityIndex grades it C+.
480 Pierce St Ste 300, Birmingham, MI, 48009 EIN 38-2638858 Since 1986
Revenue (FY2024)
$2.0M
▲ 292.3% vs prior year
Expenses (FY2024)
$500K
Net assets
$5.6M
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 Richard C Devereaux 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 rating135 mo reserves · +75% 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 Richard C Devereaux Foundation: 135 mo reserves · +75% 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 Richard C Devereaux 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 Richard C Devereaux Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 480 Pierce St Ste 300, Birmingham, MI, 48009
- City
- Birmingham
- State
- Michigan
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $927K (FY2013) to $2.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5.6M
Operating margin
75.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.6M
Total liabilities
$0
Net assets
$5.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,997,588▲292% | $499,851▼34.0% | $5,616,820▲36.4% | $5,616,820▲36.4% | 990PF |
| 2023 | $509,148▲14.0% | $757,052▼26.7% | $4,117,594▼7.0% | $4,117,594▼7.0% | 990PF |
| 2022 | $446,717▼47.7% | $1,033,174▲66.4% | $4,428,644▼12.7% | $4,428,644▼12.7% | 990PF |
| 2021 | $853,679▲20.7% | $620,829▲73.7% | $5,073,762▲2.9% | $5,073,762▲2.9% | 990PF |
| 2020 | $707,356▲33.7% | $357,485▲15.6% | $4,929,450▲5.0% | $4,929,450▲5.0% | 990PF |
| 2019 | $529,075▼66.5% | $309,260▼28.2% | $4,694,044▲2.7% | $4,694,044▲2.7% | 990PF |
| 2018 | $1,579,432▲17.5% | $430,584▼30.2% | $4,569,136▲21.5% | $4,569,136▲21.5% | 990PF |
| 2017 | $1,344,694▼58.4% | $616,680▼29.0% | $3,759,830▲14.5% | $3,759,830▲14.5% | 990PF |
| 2016 | $3,233,636▲2480% | $868,479▲6.0% | $3,282,734▲76.4% | $3,282,734▲76.4% | 990PF |
| 2015 | $125,352▼48.0% | $819,546▲2.4% | $1,861,096▼27.2% | $1,861,096▼27.2% | 990PF |
| 2014 | $241,252▼74.0% | $800,517▲11.1% | $2,555,290▼18.0% | $2,555,290▼18.0% | 990PF |
| 2013 | $927,460 | $720,612▲10.2% | $3,114,582▲7.1% | $3,114,582▲7.1% | 990PF |
| 2012 | — | $654,202▼0.7% | $2,907,131▼11.6% | $2,907,734▼11.6% | 990PF |
| 2011 | — | $658,827▼8.3% | $3,288,387▼4.7% | $3,288,990▼4.7% | 990PF |
| 2010 | — | $718,635 | $3,452,283 | $3,452,886 | 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 Richard C Devereaux Foundation a legitimate nonprofit?
- Yes. Richard C Devereaux Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2638858, based in Birmingham, Michigan. Donations are tax-deductible.
- What is Richard C Devereaux Foundation's EIN?
- Richard C Devereaux Foundation's Employer Identification Number (EIN) is 38-2638858.
- How much revenue does Richard C Devereaux Foundation report?
- Richard C Devereaux Foundation reported $1,997,588 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Richard C Devereaux Foundation have?
- CharityIndex grades Richard C Devereaux Foundation C+, based on financial health (reserves and operating margin).
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Data for Richard C Devereaux Foundation (EIN 38-2638858) 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.