Charles F Wolf Md Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Charles F Wolf Md Scholarship Fund is a 501(c)(3) organization based in Beacon, New York, registered in 1977, with $50,563 in FY2024 revenue. CharityIndex grades it C+.
355 Main St, Beacon, NY, 12508 EIN 14-1580597 Since 1977
Revenue (FY2024)
$51K
▲ 56.2% vs prior year
Expenses (FY2024)
$30K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Charles F Wolf Md Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating778 mo reserves · +40% 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 Charles F Wolf Md Scholarship Fund: 778 mo reserves · +40% margin earns a B+ 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 Charles F Wolf Md Scholarship Fund— 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 Charles F Wolf Md Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $108K (FY2013) to $51K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $930Net assets $2.0M
Operating margin
40.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$930
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $50,563▲56.2% | $30,180▲3.4% | $1,957,667▲1.1% | $1,958,597▲1.1% | 990PF |
| 2023 | $32,377▼40.7% | $29,175▲7.8% | $1,937,284▲0.2% | $1,938,147▲0.2% | 990PF |
| 2022 | $54,642▼20.9% | $27,075▼2.1% | $1,934,082▲1.4% | $1,934,855▲1.5% | 990PF |
| 2021 | $69,071▲22.0% | $27,656▲8.2% | $1,906,515▲2.2% | $1,907,160▲2.2% | 990PF |
| 2020 | $56,621▼92.9% | $25,557▲0.6% | $1,865,100▲1.7% | $1,865,745▲1.7% | 990PF |
| 2019 | $798,643▲1490% | $25,416▲1.7% | $1,834,036▲72.9% | $1,835,010▲72.8% | 990PF |
| 2018 | $50,220▼74.5% | $24,987▼88.6% | $1,060,809▲2.4% | $1,061,743▼13.6% | 990PF |
| 2017 | $197,112▲52.9% | $219,600▲0.1% | $1,035,576▼2.1% | $1,229,227▲16.2% | 990PF |
| 2016 | $128,934▲32.2% | $219,278▼0.1% | $1,058,064▼8.6% | $1,058,064▼21.7% | 990PF |
| 2015 | $97,495▼62.9% | $219,561▼1.1% | $1,157,822▼8.8% | $1,351,486▼7.8% | 990PF |
| 2014 | $263,056▲143% | $222,113▲0.1% | $1,270,196▲3.3% | $1,465,297▲3.0% | 990PF |
| 2013 | $108,130 | $221,965▲2.9% | $1,229,253▼8.5% | $1,422,253▲5.8% | 990PF |
| 2012 | — | $215,701 | $1,343,088 | $1,344,257 | 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 Charles F Wolf Md Scholarship Fund a legitimate nonprofit?
- Yes. Charles F Wolf Md Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1580597, based in Beacon, New York. Donations are tax-deductible.
- What is Charles F Wolf Md Scholarship Fund's EIN?
- Charles F Wolf Md Scholarship Fund's Employer Identification Number (EIN) is 14-1580597.
- How much revenue does Charles F Wolf Md Scholarship Fund report?
- Charles F Wolf Md Scholarship Fund reported $50,563 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Charles F Wolf Md Scholarship Fund have?
- CharityIndex grades Charles F Wolf Md Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Charles F Wolf Md Scholarship Fund (EIN 14-1580597) 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.