Wells Richard H Char Fbo Vmi is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2016, with $179,781 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$180K
▲ 152.1% vs prior year
Education median: $200K
Expenses (FY2024)
$298K
Net assets
$1.5M
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 Wells Richard H Char Fbo Vmi— 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 Wells Richard H Char Fbo Vmi: 61 mo reserves · -66% 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 Wells Richard H Char Fbo Vmi— 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 Wells Richard H Char Fbo Vmi: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $170K (FY2013) to $180K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-65.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $179,781▲152% | $297,899▲179% | $1,502,600▼7.2% | $1,502,600▼7.2% | 990PF |
| 2023 | $71,301▲0.8% | $106,697▼9.3% | $1,619,930▼2.0% | $1,619,930▼2.0% | 990PF |
| 2022 | $70,749▼48.6% | $117,689▲6.2% | $1,653,404▼2.8% | $1,653,404▼2.8% | 990PF |
| 2021 | $137,746▼39.6% | $110,840▲73.7% | $1,701,036▲1.5% | $1,701,036▲1.5% | 990PF |
| 2020 | $228,128▲190% | $63,829▼56.6% | $1,675,131▲10.7% | $1,675,131▲10.7% | 990PF |
| 2019 | $78,565▼34.8% | $146,942▲82.7% | $1,512,843▼4.3% | $1,512,843▼4.3% | 990PF |
| 2018 | $120,578▲10.0% | $80,437▼15.4% | $1,581,216▲2.6% | $1,581,216▲2.6% | 990PF |
| 2017 | $109,619▲62.2% | $95,077▼1.5% | $1,541,084▲1.0% | $1,541,084▲1.0% | 990PF |
| 2016 | $67,595▼17.6% | $96,572▼2.1% | $1,526,545▼1.9% | $1,526,545▼1.9% | 990PF |
| 2015 | $82,063▼54.6% | $98,656▲5.9% | $1,555,626▼1.0% | $1,555,626▼1.0% | 990PF |
| 2014 | $180,557▲6.0% | $93,152▲5.0% | $1,572,071▲4.6% | $1,572,071▲4.6% | 990PF |
| 2013 | $170,330 | $88,691 | $1,503,600 | $1,503,600 | 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 Wells Richard H Char Fbo Vmi (EIN 20-2609911) 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.