Leon H Sullivan Charitable Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Leon H Sullivan Charitable Tr is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1966, with $1,712,718 in FY2024 revenue. CharityIndex grades it B.
1415 N Broad St Ste 226, Philadelphia, PA, 19122 EIN 23-6424419 Since 1966
Revenue (FY2024)
$1.7M
▲ 20.9% vs prior year
Expenses (FY2024)
$993K
Net assets
$4.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Leon H Sullivan Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating52 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 Leon H Sullivan Charitable Tr: 52 mo reserves · +42% margin earns a A 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 Leon H Sullivan Charitable Tr— 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 Leon H Sullivan Charitable Tr: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1415 N Broad St Ste 226, Philadelphia, PA, 19122
- City
- Philadelphia
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from -$100K (FY2013) to $1.7M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.6MNet assets $4.3M
Operating margin
42.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.9M
Total liabilities
$1.6M
Net assets
$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,712,718▲20.9% | $993,329▲4.3% | $4,283,136▲20.2% | $5,851,300▲21.3% | 990 |
| 2023 | $1,416,380▼28.9% | $952,188▼5.5% | $3,563,747▲15.0% | $4,821,885▲12.9% | 990 |
| 2022 | $1,991,122▲68.6% | $1,008,026▲9.1% | $3,099,555▲46.5% | $4,272,444▲64.4% | 990 |
| 2021 | $1,180,695▼4.4% | $924,217▲25.9% | $2,116,459▲13.8% | $2,598,416▲22.6% | 990 |
| 2020 | $1,235,042▲8.6% | $734,196▼8.7% | $1,859,981▲36.9% | $2,119,068▲31.3% | 990 |
| 2019 | $1,136,782▲4.5% | $803,908▼7.4% | $1,359,135▲32.4% | $1,614,461▲24.5% | 990 |
| 2018 | $1,087,778▼8.7% | $868,004▼9.0% | $1,026,261▲27.3% | $1,297,250▲6.4% | 990 |
| 2017 | $1,191,673▲594% | $954,156▲989% | $806,487▲41.7% | $1,218,758▲1.3% | 990 |
| 2016 | $171,591▲426% | $87,657▲10.3% | $568,969▲22.3% | $1,203,411▼3.5% | 990 |
| 2015 | -$52,701▲47.4% | $79,477▼10.7% | $465,149▼37.2% | $1,246,940▼21.2% | 990 |
| 2013 | -$100,259 | $89,010▼90.5% | $740,441▼37.9% | $1,583,009▲11.4% | 990 |
| 2011 | — | $934,156▲3.8% | $1,191,641▼18.1% | $1,420,803▼5.8% | 990 |
| 2010 | — | $900,254 | $1,455,357 | $1,508,445 | 990 |
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.
Grants received · $25K total
1 grant to Leon H Sullivan Charitable Tr totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Philadelphia Foundation | Covid-19 relief effort | 2020 | $25,000 |
Frequently asked questions
- Is Leon H Sullivan Charitable Tr a legitimate nonprofit?
- Yes. Leon H Sullivan Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-6424419, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Leon H Sullivan Charitable Tr's EIN?
- Leon H Sullivan Charitable Tr's Employer Identification Number (EIN) is 23-6424419.
- How much revenue does Leon H Sullivan Charitable Tr report?
- Leon H Sullivan Charitable Tr reported $1,712,718 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Leon H Sullivan Charitable Tr have?
- CharityIndex grades Leon H Sullivan Charitable Tr B, based on financial health (reserves and operating margin).
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Data for Leon H Sullivan Charitable Tr (EIN 23-6424419) 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.