Ruth M Foy Charitable Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Ruth M Foy Charitable Foundation Inc is a 501(c)(3) organization based in Sarasota, Florida, registered in 1989, with $84,623 in FY2024 revenue. CharityIndex grades it C+.
2831 Ringling Blvd Ste 203-d, Sarasota, FL, 34237 EIN 65-0102106 Since 1989
Revenue (FY2024)
$85K
▲ 864.5% vs prior year
Expenses (FY2024)
$41K
Net assets
$542K
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 Ruth M Foy Charitable 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 rating160 mo reserves · +52% 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 Ruth M Foy Charitable Foundation Inc: 160 mo reserves · +52% 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 Ruth M Foy Charitable 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 →
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 Ruth M Foy Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $12K (FY2013) to $85K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,330Net assets $542K
Operating margin
52.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$543K
Total liabilities
$1,330
Net assets
$542K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $84,623▲864% | $40,580▼11.2% | $541,770▲8.8% | $543,100▲8.8% | 990PF |
| 2023 | $8,774▼92.0% | $45,690▲25.1% | $497,727▼6.9% | $499,057▼6.9% | 990PF |
| 2022 | $109,329▲82.5% | $36,516▼10.8% | $534,643▲15.8% | $535,973▲15.7% | 990PF |
| 2021 | $59,896▲246% | $40,922▲19.7% | $461,830▲4.3% | $463,160▲4.4% | 990PF |
| 2020 | -$40,980▼330% | $34,181▲14.7% | $442,856▼14.5% | $443,826▼14.5% | 990PF |
| 2019 | $17,837▼38.9% | $29,794▼23.4% | $518,017▼3.9% | $519,347▼3.8% | 990PF |
| 2018 | $29,193▲43.3% | $38,911▲46.7% | $538,772▼4.6% | $539,770▼4.6% | 990PF |
| 2015 | $20,377▼46.5% | $26,533▼0.2% | $564,772▼1.1% | $565,857▼1.1% | 990PF |
| 2014 | $38,117▲213% | $26,599▼50.9% | $570,928▲2.1% | $571,954▲1.7% | 990PF |
| 2013 | $12,174 | $54,161▲17.7% | $559,410▼7.0% | $562,492▼6.7% | 990PF |
| 2012 | — | $46,019 | $601,397 | $602,727 | 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 Ruth M Foy Charitable Foundation Inc a legitimate nonprofit?
- Yes. Ruth M Foy Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0102106, based in Sarasota, Florida. Donations are tax-deductible.
- What is Ruth M Foy Charitable Foundation Inc's EIN?
- Ruth M Foy Charitable Foundation Inc's Employer Identification Number (EIN) is 65-0102106.
- How much revenue does Ruth M Foy Charitable Foundation Inc report?
- Ruth M Foy Charitable Foundation Inc reported $84,623 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ruth M Foy Charitable Foundation Inc have?
- CharityIndex grades Ruth M Foy Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Ruth M Foy Charitable Foundation Inc (EIN 65-0102106) 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.