Charity Search / DESHPANDE FOUNDATION INC
Philanthropy & Grantmaking (T20) 990 on File

DESHPANDE FOUNDATION INC

EIN: 20-8520739 · BOSTON, MA 02116-3936 · United States · FY 2023 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 77/100
Reliability (20%) 50/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$-226,805
Total Revenue
$843K
Total Expenses
$13.5M
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio 89.2%
Fundraising Efficiency N/A
Operating Reserve 192.35x
Liability-to-Asset 0.0%
Revenue Diversification N/A
Compared with Peers
FY 2023
Compared with 26,148 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.2% 90.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
10.8% 7.8%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
192.4 mo 106.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-278.9% 4.1%
P10P90
Expense growth
Year over year expense growth
18.5% 2.5%
P10P90
Surplus margin
Surplus as a share of revenue
471.6% -10.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $-226,805 $843K $13.5M 89.2% 0
2022 $127K $711K $14.0M 87.0% 0
2021 $114K $1.3M N/A 0
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Organization Details
EIN
20-8520739
State
MA
City
BOSTON
ZIP
02116-3936
Classification
T20
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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