Laffey-mchugh Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Laffey-mchugh Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1961, with $6,960,541 in FY2024 revenue. CharityIndex grades it C+.
100 W 10th St Ste 815, Wilmington, DE, 19801 EIN 51-6015095 Since 1961
Revenue (FY2024)
$7.0M
▲ 159.3% vs prior year
Expenses (FY2024)
$4.5M
Net assets
$66.1M
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 Laffey-mchugh 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 rating176 mo reserves · +35% 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 Laffey-mchugh Foundation: 176 mo reserves · +35% 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 Laffey-mchugh 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 Laffey-mchugh Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 100 W 10th St Ste 815, Wilmington, DE, 19801
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $5.6M (FY2020) to $7.0M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $66.1M
Operating margin
35.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$66.1M
Total liabilities
$0
Net assets
$66.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,960,541▲159% | $4,502,554▲1.0% | $66,106,179▲3.9% | $66,106,179▲3.9% | 990PF |
| 2023 | $2,684,527▼68.1% | $4,456,596▼3.5% | $63,648,192▼2.7% | $63,648,192▼2.7% | 990PF |
| 2022 | $8,423,976▼21.9% | $4,617,716▼2.6% | $65,420,261▲6.2% | $65,420,261▲6.2% | 990PF |
| 2021 | $10,785,370▲91.8% | $4,741,353▲17.4% | $61,614,001▲10.9% | $61,614,001▲10.9% | 990PF |
| 2020 | $5,623,994 | $4,040,047 | $55,570,174 | $55,572,684 | 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 Laffey-mchugh Foundation a legitimate nonprofit?
- Yes. Laffey-mchugh Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-6015095, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Laffey-mchugh Foundation's EIN?
- Laffey-mchugh Foundation's Employer Identification Number (EIN) is 51-6015095.
- How much revenue does Laffey-mchugh Foundation report?
- Laffey-mchugh Foundation reported $6,960,541 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Laffey-mchugh Foundation have?
- CharityIndex grades Laffey-mchugh Foundation C+, based on financial health (reserves and operating margin).
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Data for Laffey-mchugh Foundation (EIN 51-6015095) 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.