Daniel P and Grace I Tully Charitable Trust is a 501(c)(3) organization based in Darien, Connecticut, registered in 1986, with $651,258 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$651K
▼ 23.6% vs prior year
Expenses (FY2024)
$555K
Net assets
$3.7M
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 Daniel P and Grace I Tully Charitable Trust— 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 Daniel P and Grace I Tully Charitable Trust: 81 mo reserves · +15% 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 Daniel P and Grace I Tully Charitable Trust— 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 Daniel P and Grace I Tully Charitable Trust: 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 $208K (FY2013) to $651K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
14.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$180
Net assets
$3.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $651,258▼23.6% | $554,594▼0.6% | $3,723,861▲2.7% | $3,724,041▲2.7% | 990PF |
| 2023 | $852,708▲395% | $558,001▼0.1% | $3,627,197▲8.8% | $3,627,197▲8.8% | 990PF |
| 2022 | $172,284▼66.1% | $558,343▼8.3% | $3,332,490▼10.4% | $3,332,490▼10.4% | 990PF |
| 2021 | $508,860▼35.1% | $609,038▼27.5% | $3,718,549▼2.6% | $3,718,549▼12.0% | 990PF |
| 2020 | $784,657▼7.7% | $839,616▲45.1% | $3,818,727▼1.4% | $4,224,140▲4.0% | 990PF |
| 2019 | $850,495▲747% | $578,484▲7.4% | $3,873,686▲7.6% | $4,059,730▼0.7% | 990PF |
| 2018 | $100,427▼85.9% | $538,560▼39.0% | $3,601,675▼10.8% | $4,089,447▼8.0% | 990PF |
| 2017 | $714,422▼23.6% | $883,556▲14.6% | $4,039,808▼4.0% | $4,443,849▼3.5% | 990PF |
| 2016 | $935,597▲84.5% | $771,181▲91.0% | $4,208,942▲4.1% | $4,605,724▲7.2% | 990PF |
| 2015 | $507,138▲12.9% | $403,680▼24.0% | $4,044,526▲2.6% | $4,297,220▼0.9% | 990PF |
| 2014 | $449,311▲116% | $530,864▲10.5% | $3,941,068▼2.0% | $4,335,458▲6.7% | 990PF |
| 2013 | $208,007 | $480,329▲7.3% | $4,022,621▼6.3% | $4,061,375▼5.4% | 990PF |
| 2012 | — | $447,477 | $4,294,943 | $4,294,943 | 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 Daniel P and Grace I Tully Charitable Trust (EIN 22-2804896) 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.