Rcb Charitable Foundation INC FY2024 filing

Tax-deductible

Reading, MA501(c)(3)EducationEIN 04-3466878

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$77K
-31% vs prior year
Spent
$72K
Net assets
$929K
By yearFY2021–FY2025
Revenue
$77K
FY2024▼ -31%
Revenue by fiscal year
FY2021$78K
FY2022$96K
FY2023$111K
FY2024$77K
FY2025$199K
FY2025$62K
Expenses
$72K
FY2024▼ -31%
Expenses by fiscal year
FY2021$140K
FY2022$147K
FY2023$105K
FY2024$72K
FY2025$90K
FY2025$75K
Net assets
$929K
FY2024▲ +6%
Net assets by fiscal year
FY2021$1.1M
FY2022$912K
FY2023$879K
FY2024$929K
FY2025$950K
FY2025$1.1M

From the FY2024 Form 990 (year ending April 2024) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 90% · $65K Operating & administrative 10% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Rcb Charitable Foundation INC executive salaries →

Programs and updates

A private foundation based in Reading, MA.

Provided by the organization

This section is blank until Rcb Charitable Foundation INC claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 45 grants · $67K · 2025–2025
Lawrence PartnershipFY2025$7,500
Reading Scholarship FoundationFY2025$5,000
Leo INCFY2025$5,000
Greater Boston Stage CompanyFY2025$5,000
Camp Fire North ShoreFY2025$3,500
Friends of North Reading Council on AgingFY2025$3,000
Boys & Girls Club of LynnFY2025$2,724
YMCA of Greater BostonFY2025$2,500
Merrimack Valley Housing Partnership INCFY2025$2,500
Greater Lawrence Family Health CenterFY2025$2,300
Cultura Latina Dance Academy INCFY2025$1,590
Northeast Metropolitan Regional Vocational High SchoolFY2025$1,500
My Brother's TableFY2025$1,500
Wakefield Independence Day Committee INCFY2025$1,200
Social Capital INCFY2025$1,150
Disabled and Limbless Veterans INCFY2025$1,100
Wilmington Community FundFY2025$1,000
Wakefield Food PantryFY2025$1,000
See all 45 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$1K
Median grantPart XV$1K
Largest grantPart XV$8K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$77K
Gifts and grants$49K
Investment income$28K
Money out
$72K
Grants paid$65K
Running costs$7K
Owns and owes
$929K
net assets
Cash and savings$5K
Total assets$929K
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$49K
Investment income$28K
Total revenue$77K
Assets in detailEnd of year
Cash and savings together$5K
Total assets$929K
Liabilities$0
Net assets$929K
Operations
Fiscal year endsApril

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $199K$90K$109K$950K 990 PDF
FY2024 Viewing $77K$72K$4K$929K 990 PDF
FY2023 $111K$105K$5K$879K 990 PDF
FY2022 $96K$147K−$51K$912K 990 PDF
FY2021 $78K$140K−$63K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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