W Earl Richards Charitable Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
W Earl Richards Charitable Foundation Inc is a 501(c)(3) organization based in Birmingham, Alabama, registered in 2005, with $3,415,454 in FY2024 revenue. CharityIndex grades it C+.
2000 Morris Ave Apt 1300, Birmingham, AL, 35203 EIN 20-1939160 Since 2005
Revenue (FY2024)
$3.4M
▲ 106.6% vs prior year
Education median: $200K
Expenses (FY2024)
$2.5M
Net assets
$11.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 W Earl Richards 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 →
AFinancial health25% of the rating53 mo reserves · +25% 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 W Earl Richards Charitable Foundation Inc: 53 mo reserves · +25% margin earns a A 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 W Earl Richards 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 W Earl Richards Charitable Foundation 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
- 2000 Morris Ave Apt 1300, Birmingham, AL, 35203
- City
- Birmingham
- State
- Alabama
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
Financial trends
Revenue grew from -$568K (FY2014) to $3.4M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $11.3M
Operating margin
25.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.3M
Total liabilities
$0
Net assets
$11.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,415,454▲107% | $2,546,850▲1.4% | $11,270,923▲5.0% | $11,270,923▲5.0% | 990PF |
| 2023 | $1,653,255▲266% | $2,510,571▲25.9% | $10,733,037▼8.9% | $10,733,037▼8.9% | 990PF |
| 2022 | $452,141▼84.2% | $1,993,820▼24.6% | $11,782,899▼10.2% | $11,782,899▼10.2% | 990PF |
| 2021 | $2,868,244▲36.0% | $2,645,919▲41.6% | $13,127,097▼1.0% | $13,127,097▼1.0% | 990PF |
| 2020 | $2,109,040▲418% | $1,869,190▲2.1% | $13,254,738▲1.8% | $13,254,738▲1.8% | 990PF |
| 2019 | $407,470▼68.4% | $1,831,328▼0.3% | $13,020,983▼9.9% | $13,020,983▼9.9% | 990PF |
| 2018 | $1,290,011▲239% | $1,836,840▲29.0% | $14,450,161▼3.7% | $14,450,161▼3.7% | 990PF |
| 2017 | $380,961▼46.4% | $1,424,383▼16.9% | $15,002,309▼6.5% | $15,002,309▼6.5% | 990PF |
| 2016 | $710,692▲29.6% | $1,714,568▲0.8% | $16,051,147▼5.9% | $16,051,147▼6.4% | 990PF |
| 2015 | $548,347▲196% | $1,700,938▼8.0% | $17,062,075▼6.4% | $17,157,075▼6.4% | 990PF |
| 2014 | -$568,417 | $1,849,423 | $18,222,333 | $18,337,333 | 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.
Similar organizations in Education
Compare W Earl Richards Charitable Foundation Inc
Frequently asked questions
- Is W Earl Richards Charitable Foundation Inc a legitimate nonprofit?
- Yes. W Earl Richards Charitable Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1939160, based in Birmingham, Alabama. Donations are tax-deductible.
- What is W Earl Richards Charitable Foundation Inc's EIN?
- W Earl Richards Charitable Foundation Inc's Employer Identification Number (EIN) is 20-1939160.
- How much revenue does W Earl Richards Charitable Foundation Inc report?
- W Earl Richards Charitable Foundation Inc reported $3,415,454 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W Earl Richards Charitable Foundation Inc have?
- CharityIndex grades W Earl Richards Charitable Foundation Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Birmingham
Explore more
Data for W Earl Richards Charitable Foundation Inc (EIN 20-1939160) 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.