E Rhodes and Leona B Carpenter Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
E Rhodes and Leona B Carpenter Foundation is a 501(c)(3) organization based in Wayne, Pennsylvania, registered in 1975, with $29,772,969 in FY2024 revenue. CharityIndex grades it B.
150 N Radnor Chstr Rd Ste A200, Wayne, PA, 19087 EIN 51-0155772 Since 1975
Revenue (FY2024)
$29.8M
▲ 205.3% vs prior year
Expenses (FY2024)
$17.5M
Net assets
$251.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 E Rhodes and Leona B Carpenter Foundation— 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 rating173 mo reserves · +41% 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 E Rhodes and Leona B Carpenter Foundation: 173 mo reserves · +41% 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 E Rhodes and Leona B Carpenter Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 E Rhodes and Leona B Carpenter Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 150 N Radnor Chstr Rd Ste A200, Wayne, PA, 19087
- City
- Wayne
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $13.7M (FY2019) to $29.8M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $251.7M
Operating margin
41.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$251.7M
Total liabilities
$0
Net assets
$251.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,772,969▲205% | $17,485,051▲22.6% | $251,748,295▲5.1% | $251,748,295▲5.1% | 990PF |
| 2023 | $9,750,856▲54.5% | $14,260,273▲5.1% | $239,474,288▼1.8% | $239,474,288▼1.8% | 990PF |
| 2022 | $6,311,125▼85.5% | $13,562,925▼19.7% | $243,752,944▼2.9% | $243,752,944▼2.9% | 990PF |
| 2021 | $43,460,229▲257% | $16,896,818▲19.2% | $250,926,779▲11.8% | $250,926,779▲11.8% | 990PF |
| 2020 | $12,187,726▼10.8% | $14,180,029▲7.5% | $224,377,335▼1.2% | $224,377,335▼1.2% | 990PF |
| 2019 | $13,662,498 | $13,189,551 | $227,047,131 | $227,047,131 | 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 E Rhodes and Leona B Carpenter Foundation a legitimate nonprofit?
- Yes. E Rhodes and Leona B Carpenter Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0155772, based in Wayne, Pennsylvania. Donations are tax-deductible.
- What is E Rhodes and Leona B Carpenter Foundation's EIN?
- E Rhodes and Leona B Carpenter Foundation's Employer Identification Number (EIN) is 51-0155772.
- How much revenue does E Rhodes and Leona B Carpenter Foundation report?
- E Rhodes and Leona B Carpenter Foundation reported $29,772,969 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does E Rhodes and Leona B Carpenter Foundation have?
- CharityIndex grades E Rhodes and Leona B Carpenter Foundation B, based on financial health (reserves and operating margin).
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Data for E Rhodes and Leona B Carpenter Foundation (EIN 51-0155772) 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.