Kathryn E Spence Family Foundation
Only null% goes to programs Strong reserves Declining revenue
Kathryn E Spence Family Foundation is a 501(c)(3) organization based in Brooklyn, New York, registered in 2000, with $4,561 in FY2024 revenue. CharityIndex grades it F.
591 3rd St, Brooklyn, NY, 11215 EIN 13-7202870 Since 2000
Revenue (FY2024)
$4,561
▼ 88.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$21K
Net assets
$143K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Kathryn E Spence Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating81 mo reserves · -366% 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 Kathryn E Spence Family Foundation: 81 mo reserves · -366% margin earns a F 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 Kathryn E Spence Family 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 Kathryn E Spence Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 591 3rd St, Brooklyn, NY, 11215
- City
- Brooklyn
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $11K (FY2014) to $4,561 (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $143K
Operating margin
-366.5%
Spent more than it raised in the latest fiscal year.
Total assets
$143K
Total liabilities
$0
Net assets
$143K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,561▼88.1% | $21,277▲19.8% | $142,781▼10.5% | $142,781▼10.5% | 990PF |
| 2023 | $38,416▲351% | $17,754▲9.3% | $159,497▲14.9% | $159,497▲14.9% | 990PF |
| 2022 | $8,525▼44.9% | $16,247▲35.5% | $138,835▼5.3% | $138,835▼5.3% | 990PF |
| 2021 | $15,460▼53.2% | $11,989▼44.6% | $146,557▲2.4% | $146,557▲2.4% | 990PF |
| 2020 | $33,023▲63.1% | $21,654▲57.0% | $143,086▲8.6% | $143,086▲8.6% | 990PF |
| 2019 | $20,248▲34.5% | $13,794▲188% | $131,717▲5.2% | $131,717▲5.2% | 990PF |
| 2018 | $15,055▼19.7% | $4,796▼71.2% | $125,263▲8.9% | $125,263▲8.9% | 990PF |
| 2017 | $18,743▲106% | $16,633▲339% | $115,004▲1.9% | $115,004▲1.9% | 990PF |
| 2016 | $9,080▲38.9% | $3,790▲6.8% | $112,894▲4.9% | $112,894▲4.9% | 990PF |
| 2015 | $6,538▼41.6% | $3,548▲3.9% | $107,604▲2.9% | $107,604▲2.9% | 990PF |
| 2014 | $11,200 | $3,416 | $104,614 | $104,614 | 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.
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Frequently asked questions
- Is Kathryn E Spence Family Foundation a legitimate nonprofit?
- Yes. Kathryn E Spence Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-7202870, based in Brooklyn, New York. Donations are tax-deductible.
- What is Kathryn E Spence Family Foundation's EIN?
- Kathryn E Spence Family Foundation's Employer Identification Number (EIN) is 13-7202870.
- How much revenue does Kathryn E Spence Family Foundation report?
- Kathryn E Spence Family Foundation reported $4,561 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Kathryn E Spence Family Foundation have?
- CharityIndex grades Kathryn E Spence Family Foundation F, based on financial health (reserves and operating margin).
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Explore more
Data for Kathryn E Spence Family Foundation (EIN 13-7202870) 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.