Robert M Schiffman Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Robert M Schiffman Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1990, with $910,877 in FY2023 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 06-1261222 Since 1990
Revenue (FY2023)
$911K
▲ 661.6% vs prior year
Expenses (FY2023)
$275K
Net assets
$4.0M
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 Robert M Schiffman 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 rating174 mo reserves · +70% 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 Robert M Schiffman Inc: 174 mo reserves · +70% 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 Robert M Schiffman Inc— 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 Robert M Schiffman Inc: 1 of 5 disclosure signals earns a D 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
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $328K (FY2013) to $911K (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $4.0M
Operating margin
69.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$0
Net assets
$4.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $910,877▲662% | $274,733▲7.2% | $3,988,856▲19.0% | $3,988,856▲19.0% | 990PF |
| 2022 | $119,598▲28.9% | $256,303▲32.2% | $3,352,712▼3.8% | $3,352,712▼3.8% | 990PF |
| 2021 | $92,769▲115% | $193,903▼7.1% | $3,484,417▼2.8% | $3,484,417▼2.8% | 990PF |
| 2020 | $43,142▼70.1% | $208,737▼2.0% | $3,583,051▼4.4% | $3,583,051▼4.4% | 990PF |
| 2019 | $144,306▼64.6% | $213,038▼2.0% | $3,748,646▼1.8% | $3,748,646▼1.8% | 990PF |
| 2018 | $407,823▲136% | $217,418▲19.8% | $3,817,378▲5.2% | $3,817,378▲5.2% | 990PF |
| 2017 | $172,793▲322% | $181,476▲20.9% | $3,626,973▼0.2% | $3,626,973▼0.2% | 990PF |
| 2016 | -$77,997▼118% | $150,123▼2.3% | $3,635,656▼5.9% | $3,635,656▼5.9% | 990PF |
| 2015 | $439,148▲33.9% | $153,729▼4.6% | $3,863,776▲17.8% | $3,863,776▲17.8% | 990PF |
| 2013 | $328,008 | $161,164▼9.2% | $3,280,203▲5.5% | $3,280,203▲5.5% | 990PF |
| 2012 | — | $177,446▲4.3% | $3,108,359▼3.2% | $3,108,466▼3.2% | 990PF |
| 2011 | — | $170,092▼5.7% | $3,211,555▼4.6% | $3,211,662▼4.6% | 990PF |
| 2010 | — | $180,296 | $3,367,514 | $3,367,564 | 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 Robert M Schiffman Inc a legitimate nonprofit?
- Yes. Robert M Schiffman Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1261222, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Robert M Schiffman Inc's EIN?
- Robert M Schiffman Inc's Employer Identification Number (EIN) is 06-1261222.
- How much revenue does Robert M Schiffman Inc report?
- Robert M Schiffman Inc reported $910,877 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Robert M Schiffman Inc have?
- CharityIndex grades Robert M Schiffman Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Wilmington
Explore more
Data for Robert M Schiffman Inc (EIN 06-1261222) 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.