The Rachel & Drew Katz Foundation is a 501(c)(3) organization based in Cherry Hill, New Jersey, registered in 2003, with $50,725 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$51K
▼ 83.1% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$167K
Net assets
$8,935
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 The Rachel & Drew Katz 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 The Rachel & Drew Katz Foundation: 1 mo reserves · -230% margin earns a F 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 The Rachel & Drew Katz 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 The Rachel & Drew Katz Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $409K (FY2015) to $51K (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-229.9%
Spent more than it raised in the latest fiscal year.
Total assets
$8,935
Total liabilities
$0
Net assets
$8,935
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $50,725▼83.1% | $167,326▼26.0% | $8,935▼92.9% | $8,935▼92.9% | 990PF |
| 2022 | $300,206▲6694% | $226,048▲74.0% | $125,536▲144% | $125,536▲144% | 990PF |
| 2021 | $4,419▲104% | $129,925▼40.8% | $51,378▼71.0% | $51,378▼71.0% | 990PF |
| 2020 | -$113,294▼135% | $219,412▼63.4% | $176,884▼65.3% | $176,884▼65.3% | 990PF |
| 2019 | $324,111▼13.5% | $599,758▲137% | $509,590▼35.1% | $509,590▼35.1% | 990PF |
| 2018 | $374,522▼18.7% | $253,482▼38.0% | $785,237▲18.2% | $785,237▲18.2% | 990PF |
| 2017 | $460,424▲14.2% | $409,001▲17.1% | $664,197▲8.4% | $664,197▲8.4% | 990PF |
| 2016 | $403,112▼1.5% | $349,249▼18.9% | $612,774▲9.6% | $612,774▲9.6% | 990PF |
| 2015 | $409,068 | $430,667 | $558,911 | $558,911 | 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 The Rachel & Drew Katz Foundation (EIN 14-1862146) 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.