Armour-lewis Foundation is a 501(c)(3) organization based in Allenhurst, New Jersey, registered in 1998, with $352,982 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$353K
▲ 27.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$335K
Net assets
$3.9M
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 Armour-lewis Foundation— 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 Armour-lewis Foundation: 142 mo reserves · +5% margin earns a B+ 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 Armour-lewis Foundation— 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 Armour-lewis Foundation: 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.
Revenue grew from $334K (FY2016) to $353K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.7M
Total liabilities
$1.7M
Net assets
$3.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $352,982▲27.1% | $334,638▲0.9% | $3,949,693▲0.5% | $5,656,081▲9.0% | 990PF |
| 2023 | $277,745▼23.7% | $331,656▼2.5% | $3,931,349▼1.4% | $5,188,737▲14.2% | 990PF |
| 2022 | $364,080▼57.5% | $340,333▲1.9% | $3,985,260▲0.6% | $4,543,094▼25.4% | 990PF |
| 2021 | $856,110▲45.8% | $334,112▲0.8% | $3,961,513▲15.2% | $6,085,911▲76.9% | 990PF |
| 2020 | $587,108▲48.8% | $331,614▼1.0% | $3,439,515▲8.0% | $3,439,515▲8.0% | 990PF |
| 2019 | $394,465▲81.6% | $334,838▼2.5% | $3,184,021▲1.9% | $3,184,021▲1.9% | 990PF |
| 2018 | $217,248▼44.4% | $343,350▼16.8% | $3,124,394▼3.9% | $3,124,394▼3.9% | 990PF |
| 2017 | $391,066▲17.2% | $412,529 | $3,250,496▼0.7% | $3,250,496▼0.7% | 990PF |
| 2016 | $333,730 | $412,725 | $3,271,959 | $3,271,959 | 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.
Explore more
Data for Armour-lewis Foundation (EIN 22-3476006) 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.