Walter S Roberts Charitable Foundation Inc is a 501(c)(3) organization based in Montclair, New Jersey, registered in 2023, with $348,314 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$348K
▲ 155.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$387K
Net assets
$826K
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 Walter S Roberts 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 →
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 Walter S Roberts Charitable Foundation Inc: 26 mo reserves · -11% margin earns a C+ 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 Walter S Roberts 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 →
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 Walter S Roberts Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.0M (FY2021) to $348K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-11.2%
Spent more than it raised in the latest fiscal year.
Total assets
$826K
Total liabilities
$0
Net assets
$826K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $348,314▲156% | $387,330▲35.1% | $825,686▼4.5% | $825,686▼4.5% | 990PF |
| 2023 | $136,188▼43.3% | $286,663▲29.6% | $864,702▼14.8% | $864,702▼14.8% | 990PF |
| 2022 | $239,999▼76.1% | $221,230 | $1,015,177▲1.0% | $1,015,177▲1.0% | 990PF |
| 2021 | $1,004,858 | $0 | $1,004,858 | $1,004,858 | 990 |
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 Walter S Roberts Charitable Foundation Inc (EIN 87-4098833) 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.