Carl E Touhey Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Carl E Touhey Foundation is a 501(c)(3) organization based in Albany, New York, registered in 1990, with $3,513,986 in FY2024 revenue. CharityIndex grades it F.
Pine West 2 309 Washington Ave Ext, Albany, NY, 12205 EIN 22-3016226 Since 1990
Revenue (FY2024)
$3.5M
▼ 36.9% vs prior year
Expenses (FY2024)
$8.0M
Net assets
$37.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Carl E Touhey Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating56 mo reserves · -127% margin
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 Carl E Touhey Foundation: 56 mo reserves · -127% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Carl E Touhey Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Carl E Touhey 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.
Contact & location
Financial trends
Revenue grew from $47K (FY2013) to $3.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $162KNet assets $37.0M
Operating margin
-126.9%
Spent more than it raised in the latest fiscal year.
Total assets
$37.2M
Total liabilities
$162K
Net assets
$37.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,513,986▼36.9% | $7,973,221▲14.0% | $36,996,948▼6.3% | $37,158,712▼6.2% | 990PF |
| 2023 | $5,568,047▲50.3% | $6,994,056▼6.6% | $39,474,239▲0.9% | $39,632,227▲1.0% | 990PF |
| 2022 | $3,703,426▼28.7% | $7,485,122▲14.8% | $39,105,429▼17.7% | $39,237,050▼17.8% | 990PF |
| 2021 | $5,194,205▲51.9% | $6,517,375▲18.5% | $47,532,559▼6.0% | $47,729,913▼5.9% | 990PF |
| 2020 | $3,420,302▼2.5% | $5,497,776▲14.1% | $50,542,647▲1.8% | $50,734,571▲1.7% | 990PF |
| 2019 | $3,509,571▼83.3% | $4,818,098▲93.1% | $49,664,429▲8.3% | $49,864,047▲8.1% | 990PF |
| 2018 | $21,078,137▲6.7% | $2,495,680▲365% | $45,875,146▲65.8% | $46,119,915▲66.7% | 990PF |
| 2017 | $19,748,137▲1207% | $536,942▼32.5% | $27,662,536▲227% | $27,662,536▲227% | 990PF |
| 2016 | $1,511,290▼77.3% | $795,807▲47.2% | $8,451,341▲9.2% | $8,452,163▲9.3% | 990PF |
| 2015 | $6,643,614▲2843% | $540,732▲28.2% | $7,735,858▲374% | $7,736,302▲374% | 990PF |
| 2014 | $225,759▲378% | $421,880▲19.4% | $1,632,976▼10.7% | $1,633,420▼11.5% | 990PF |
| 2013 | $47,215 | $353,384▼10.2% | $1,829,097▼14.3% | $1,845,483▼13.6% | 990PF |
| 2012 | — | $393,343▲84.6% | $2,135,266▼14.1% | $2,135,266▼14.1% | 990PF |
| 2011 | — | $213,049▲127% | $2,484,773▼1.8% | $2,484,773▼1.8% | 990PF |
| 2010 | — | $93,815 | $2,529,439 | $2,529,439 | 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.
Frequently asked questions
- Is Carl E Touhey Foundation a legitimate nonprofit?
- Yes. Carl E Touhey Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-3016226, based in Albany, New York. Donations are tax-deductible.
- What is Carl E Touhey Foundation's EIN?
- Carl E Touhey Foundation's Employer Identification Number (EIN) is 22-3016226.
- How much revenue does Carl E Touhey Foundation report?
- Carl E Touhey Foundation reported $3,513,986 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Carl E Touhey Foundation have?
- CharityIndex grades Carl E Touhey Foundation F, based on financial health (reserves and operating margin).
More nonprofits in Albany
Explore more
Data for Carl E Touhey Foundation (EIN 22-3016226) 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.