John B Parsons Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
John B Parsons Foundation is a 501(c)(3) organization based in Salisbury, Maryland, registered in 1973, with $669,688 in FY2024 revenue. CharityIndex grades it C+.
Po Box 2916, Salisbury, MD, 21802 EIN 52-0591626 Since 1973
Revenue (FY2024)
$670K
▲ 68.1% vs prior year
Expenses (FY2024)
$484K
Net assets
$11.1M
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 John B Parsons 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 rating275 mo reserves · +28% 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 John B Parsons Foundation: 275 mo reserves · +28% 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 John B Parsons Foundation— 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 John B Parsons Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $375K (FY2013) to $670K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $11.1M
Operating margin
27.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.1M
Total liabilities
$0
Net assets
$11.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $669,688▲68.1% | $483,639▼1.0% | $11,089,119▲11.0% | $11,089,119▲11.0% | 990PF |
| 2023 | $398,464▼30.7% | $488,280▲1.9% | $9,986,293▲14.2% | $9,986,293▲14.2% | 990PF |
| 2022 | $575,067▲33.2% | $479,262▼23.0% | $8,744,773▼19.8% | $8,744,773▼19.8% | 990PF |
| 2021 | $431,582▼2.8% | $622,494▲39.2% | $10,897,772▲10.1% | $10,897,772▲10.1% | 990PF |
| 2020 | $443,951▼75.1% | $447,146▲25.0% | $9,898,462▲13.5% | $9,898,462▲13.5% | 990PF |
| 2019 | $1,783,074▲705% | $357,693▼6.4% | $8,722,742▲24.0% | $8,722,742▲24.0% | 990PF |
| 2018 | $221,519▼80.8% | $382,143▲15.1% | $7,036,304▼8.8% | $7,036,304▼8.8% | 990PF |
| 2017 | $1,154,430▲384% | $332,144▼1.5% | $7,714,316▲23.7% | $7,714,316▲23.7% | 990PF |
| 2016 | $238,602▼35.0% | $337,353▼8.6% | $6,235,179▲0.7% | $6,235,179▲0.7% | 990PF |
| 2015 | $366,980▼12.1% | $369,209▲14.4% | $6,193,884▼3.0% | $6,193,884▼3.0% | 990PF |
| 2014 | $417,316▲11.2% | $322,804▼7.3% | $6,383,370▲8.8% | $6,383,370▲8.8% | 990PF |
| 2013 | $375,143 | $348,364 | $5,867,980 | $5,867,980 | 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 John B Parsons Foundation a legitimate nonprofit?
- Yes. John B Parsons Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-0591626, based in Salisbury, Maryland. Donations are tax-deductible.
- What is John B Parsons Foundation's EIN?
- John B Parsons Foundation's Employer Identification Number (EIN) is 52-0591626.
- How much revenue does John B Parsons Foundation report?
- John B Parsons Foundation reported $669,688 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does John B Parsons Foundation have?
- CharityIndex grades John B Parsons Foundation C+, based on financial health (reserves and operating margin).
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Data for John B Parsons Foundation (EIN 52-0591626) 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.