Henry H Downing Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Henry H Downing Trust is a 501(c)(3) organization based in Salem, Massachusetts, registered in 1941, with $129,931 in FY2024 revenue. CharityIndex grades it C+.
131 Federal St, Salem, MA, 01970 EIN 04-6016785 Since 1941
Revenue (FY2024)
$130K
▼ 16.6% vs prior year
Expenses (FY2024)
$61K
Net assets
$552K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Henry H Downing 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 rating109 mo reserves · +53% 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 Henry H Downing Trust: 109 mo reserves · +53% 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 Henry H Downing Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Henry H Downing Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 131 Federal St, Salem, MA, 01970
- City
- Salem
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $133K (FY2019) to $130K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $552K
Operating margin
53.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$552K
Total liabilities
$0
Net assets
$552K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $129,931▼16.6% | $60,935▲6.7% | $551,981▲14.3% | $551,981▲14.3% | 990PF |
| 2023 | $155,761▲170% | $57,119▲10.2% | $482,985▲25.7% | $482,985▲25.7% | 990PF |
| 2022 | $57,709▼1.9% | $51,827▼5.9% | $384,345▲1.6% | $384,345▲1.6% | 990PF |
| 2021 | $58,799▲139% | $55,096▲8.8% | $378,462▲1.0% | $378,462▲1.0% | 990PF |
| 2020 | $24,575▼81.6% | $50,646▲13.0% | $374,759▼6.5% | $374,759▼6.5% | 990PF |
| 2019 | $133,200 | $44,821 | $400,830 | $400,830 | 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 Henry H Downing Trust a legitimate nonprofit?
- Yes. Henry H Downing Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6016785, based in Salem, Massachusetts. Donations are tax-deductible.
- What is Henry H Downing Trust's EIN?
- Henry H Downing Trust's Employer Identification Number (EIN) is 04-6016785.
- How much revenue does Henry H Downing Trust report?
- Henry H Downing Trust reported $129,931 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Henry H Downing Trust have?
- CharityIndex grades Henry H Downing Trust C+, based on financial health (reserves and operating margin).
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Data for Henry H Downing Trust (EIN 04-6016785) 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.