Richard T Sharp Foundation is a 501(c)(3) organization based in Chatham, New York, registered in 2023, with $496,371 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$496K
▲ 124.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$68K
Net assets
$1.3M
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 Richard T Sharp 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 Richard T Sharp Foundation: 238 mo reserves · +86% margin earns a B+ 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 Richard T Sharp 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 Richard T Sharp Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $600K (FY2021) to $496K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
86.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $496,371▲125% | $67,744▲130% | $1,341,262▲47.0% | $1,341,262▲47.0% | 990PF |
| 2023 | $220,942▲47.3% | $29,433▲1.8% | $912,635▲26.6% | $912,635▲26.6% | 990PF |
| 2022 | $150,034▼75.0% | $28,911 | $721,123▲20.2% | $721,123▲20.2% | 990PF |
| 2021 | $600,000 | $0 | $600,000 | $600,000 | 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 Richard T Sharp Foundation (EIN 87-6900488) 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.