Delaware College Scholars Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2018, with $1,650,182 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.7M
▲ 43.7% vs prior year
Youth median: $163K
Expenses (FY2024)
$1.3M
Net assets
$616K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Delaware College Scholars Inc— 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 Delaware College Scholars Inc: 6 mo reserves · +21% margin earns a A 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 Delaware College Scholars Inc— 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 Delaware College Scholars Inc: 2 of 5 disclosure signals earns a C 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 $465K (FY2019) to $1.7M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
20.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$666K
Total liabilities
$50K
Net assets
$616K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,650,182▲43.7% | $1,309,241▼4.8% | $615,729▲124% | $665,587▲124% | 990 |
| 2023 | $1,148,085▲6.4% | $1,374,745▲18.0% | $274,788▼45.3% | $296,873▼43.8% | 990 |
| 2022 | $1,079,480▲6.7% | $1,165,029▲28.0% | $501,974▼14.6% | $528,022▼11.5% | 990 |
| 2021 | $1,012,169▲14.7% | $909,836▲72.0% | $587,514▲21.1% | $596,726▲22.0% | 990 |
| 2020 | $882,357▲89.9% | $528,919▼31.7% | $485,181▲268% | $489,031▲262% | 990 |
| 2019 | $464,600 | $774,292 | $131,743 | $135,043 | 990 |
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.
12 grants to Delaware College Scholars Inc totaling $866K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Foundation For the Carolinas | Charitable gift | 2024 | $20,000 |
| Foundation For the Carolinas | Charitable gift | 2023 | $130,000 |
| Christiana Care Health Services Inc | General support | 2023 | $105,000 |
| The San Diego Foundation | Delaware collage scholars support | 2023 | $50,000 |
| Delaware Community Foundation | Unrestricted support | 2023 | $5,300 |
| Christiana Care Health Services Inc | General support | 2022 | $150,000 |
| Christiana Care Health Services Inc | General support | 2022 | $150,000 |
| Delaware Community Foundation | Unrestricted support | 2022 | $10,250 |
| Delaware Community Foundation | Advancing social emotional learning in dcs scholars and their families, delaware college scholars program and general operating support | 2021 | $74,300 |
| Delaware Community Foundation | Support to expand recruitment of first generation and underserved delaware public school latinx high school students from kent or sussex county to it's "7 year" program (sophomore high school summer through college graduation), support in memory of paul h. harrell jr, support the delaware college scholars, first generation college access and unrestricted support. | 2020 | $95,250 |
| Delaware Community Foundation | To support technology for high-achieving public school students from low-income families statewide, the riverview works fund, and the college persistence program | 2019 | $25,500 |
Explore more
Data for Delaware College Scholars Inc (EIN 82-4608572) 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.