George I Alden Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
George I Alden Trust is a 501(c)(3) organization based in Worcester, Massachusetts, registered in 1981, with $24,510,938 in FY2024 revenue. CharityIndex grades it B.
100 Front Street 5th Floor, Worcester, MA, 01608 EIN 04-6023784 Since 1981
Revenue (FY2024)
$24.5M
▲ 117.2% vs prior year
Expenses (FY2024)
$14.2M
Net assets
$210.5M
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 George I Alden Trust— 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 rating178 mo reserves · +42% 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 George I Alden Trust: 178 mo reserves · +42% 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 George I Alden Trust— 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 George I Alden Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 100 Front Street 5th Floor, Worcester, MA, 01608
- City
- Worcester
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $12.3M (FY2020) to $24.5M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.9MNet assets $210.5M
Operating margin
42.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$214.4M
Total liabilities
$3.9M
Net assets
$210.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,510,938▲117% | $14,187,415▲5.2% | $210,478,299▲5.1% | $214,398,299▲5.4% | 990PF |
| 2023 | $11,284,418▲62.5% | $13,482,495▼3.4% | $200,177,681▲0.7% | $203,372,681▼0.6% | 990PF |
| 2022 | $6,944,899▼84.7% | $13,962,308▼1.4% | $198,836,748▼4.1% | $204,621,748▼3.5% | 990PF |
| 2021 | $45,527,501▲271% | $14,157,716▲9.9% | $207,430,748▲19.2% | $212,050,748▲17.8% | 990PF |
| 2020 | $12,263,196 | $12,880,871 | $174,018,376 | $179,938,376 | 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 George I Alden Trust a legitimate nonprofit?
- Yes. George I Alden Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6023784, based in Worcester, Massachusetts. Donations are tax-deductible.
- What is George I Alden Trust's EIN?
- George I Alden Trust's Employer Identification Number (EIN) is 04-6023784.
- How much revenue does George I Alden Trust report?
- George I Alden Trust reported $24,510,938 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does George I Alden Trust have?
- CharityIndex grades George I Alden Trust B, based on financial health (reserves and operating margin).
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Data for George I Alden Trust (EIN 04-6023784) 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.