Edward H Daveis Benevolent Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Edward H Daveis Benevolent Fund is a 501(c)(3) organization based in Ellsworth, Maine, registered in 2007, with $300,667 in FY2024 revenue. CharityIndex grades it B.
245 Main St, Ellsworth, ME, 04605 EIN 01-0473137 Since 2007
Revenue (FY2024)
$301K
▲ 38.7% vs prior year
Expenses (FY2024)
$158K
Net assets
$2.5M
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 Edward H Daveis Benevolent 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 rating192 mo reserves · +47% 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 Edward H Daveis Benevolent Fund: 192 mo reserves · +47% 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 Edward H Daveis Benevolent Fund— 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 Edward H Daveis Benevolent Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $89K (FY2013) to $301K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.5M
Operating margin
47.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$0
Net assets
$2.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $300,667▲38.7% | $158,169▲2.3% | $2,531,560▲5.6% | $2,531,560▲5.6% | 990 |
| 2023 | $216,793▲116% | $154,679▲3.3% | $2,397,058▲6.4% | $2,397,058▲6.4% | 990 |
| 2022 | $100,182▼37.2% | $149,807▼1.5% | $2,252,826▼17.2% | $2,252,826▼17.2% | 990 |
| 2021 | $159,530▲92.8% | $152,106▲10.9% | $2,719,591▲14.4% | $2,719,591▲14.4% | 990 |
| 2020 | $82,757▲56.8% | $137,129▲7.5% | $2,376,955▲9.7% | $2,376,955▲9.7% | 990 |
| 2019 | $52,763▼63.4% | $127,542▼2.0% | $2,166,589▲8.1% | $2,166,589▲8.1% | 990 |
| 2018 | $144,206▲95.2% | $130,120▲4.6% | $2,003,416▼7.7% | $2,003,416▼7.7% | 990 |
| 2017 | $73,876▲0.4% | $124,360▲3.9% | $2,170,896▲8.6% | $2,170,896▲8.6% | 990 |
| 2016 | $73,579▼8.6% | $119,714▼0.4% | $1,998,316▲1.9% | $1,998,316▲1.9% | 990 |
| 2015 | $80,538▼1.9% | $120,223▼4.4% | $1,960,666▼6.1% | $1,960,666▼6.1% | 990 |
| 2014 | $82,103▼7.8% | $125,727▲17.4% | $2,087,308▼0.6% | $2,087,308▼0.6% | 990 |
| 2013 | $89,078 | $107,075 | $2,099,484 | $2,099,484 | 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.
Frequently asked questions
- Is Edward H Daveis Benevolent Fund a legitimate nonprofit?
- Yes. Edward H Daveis Benevolent Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0473137, based in Ellsworth, Maine. Donations are tax-deductible.
- What is Edward H Daveis Benevolent Fund's EIN?
- Edward H Daveis Benevolent Fund's Employer Identification Number (EIN) is 01-0473137.
- How much revenue does Edward H Daveis Benevolent Fund report?
- Edward H Daveis Benevolent Fund reported $300,667 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Edward H Daveis Benevolent Fund have?
- CharityIndex grades Edward H Daveis Benevolent Fund B, based on financial health (reserves and operating margin).
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Data for Edward H Daveis Benevolent Fund (EIN 01-0473137) 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.