Charles M Mcgee Scholarship Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Charles M Mcgee Scholarship Fund is a 501(c)(3) organization based in Buffalo, New York, registered in 1977, with $9,118 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1504, Buffalo, NY, 14240 EIN 25-1222910 Since 1977
Revenue (FY2024)
$9,118
▲ 53.0% vs prior year
Expenses (FY2024)
$8,932
Net assets
$120K
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 M Mcgee 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 rating162 mo reserves · +2% 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 M Mcgee Scholarship Fund: 162 mo reserves · +2% 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 M Mcgee 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 M Mcgee 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 held steady from $8,992 (FY2013) to $9,118 (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $120K
Operating margin
2.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$120K
Total liabilities
$0
Net assets
$120K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,118▲53.0% | $8,932▼7.9% | $120,270 | $120,270 | 990PF |
| 2023 | $5,960▼50.3% | $9,700▼78.9% | $120,219▼3.0% | $120,219▼3.0% | 990PF |
| 2022 | $11,995▼16.3% | $45,963▲285% | $123,986▼21.5% | $123,986▼21.5% | 990PF |
| 2021 | $14,339▲146% | $11,930▲239% | $157,993▼4.4% | $157,993▼4.4% | 990PF |
| 2020 | $5,837▼19.7% | $3,521▼71.3% | $165,349▼3.1% | $165,349▼3.1% | 990PF |
| 2019 | $7,273▼47.6% | $12,281▼14.6% | $170,721▼2.1% | $170,721▼2.1% | 990PF |
| 2017 | $13,872▲7106% | $14,379▼6.9% | $174,304▼0.3% | $174,304▼0.3% | 990PF |
| 2016 | -$198▼102% | $15,437▼4.6% | $174,803▼8.2% | $174,803▼8.2% | 990PF |
| 2015 | $11,098▼49.9% | $16,177▲0.8% | $190,437▼2.6% | $190,437▼2.6% | 990PF |
| 2014 | $22,160▲146% | $16,056▲30.0% | $195,514▲3.2% | $195,514▲3.2% | 990PF |
| 2013 | $8,992 | $12,353▼6.0% | $189,403▼1.6% | $189,403▼1.6% | 990PF |
| 2012 | — | $13,142▲28.9% | $192,561▼7.8% | $192,561▼7.8% | 990PF |
| 2010 | — | $10,198 | $208,937 | $208,937 | 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 M Mcgee Scholarship Fund a legitimate nonprofit?
- Yes. Charles M Mcgee Scholarship Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-1222910, based in Buffalo, New York. Donations are tax-deductible.
- What is Charles M Mcgee Scholarship Fund's EIN?
- Charles M Mcgee Scholarship Fund's Employer Identification Number (EIN) is 25-1222910.
- How much revenue does Charles M Mcgee Scholarship Fund report?
- Charles M Mcgee Scholarship Fund reported $9,118 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Charles M Mcgee Scholarship Fund have?
- CharityIndex grades Charles M Mcgee Scholarship Fund C+, based on financial health (reserves and operating margin).
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Data for Charles M Mcgee Scholarship Fund (EIN 25-1222910) 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.