Long Wharf & Public Schools Trustees is a 501(c)(3) organization based in Newport, Rhode Island, registered in 1916, with $125,771 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$126K
▼ 23.3% vs prior year
Expenses (FY2024)
$76K
Net assets
$593K
Employees
—
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 Long Wharf & Public Schools Trustees— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Long Wharf & Public Schools Trustees: 93 mo reserves · +39% margin earns a B+ on this criterion. See the exact thresholds →
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 Long Wharf & Public Schools Trustees— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Long Wharf & Public Schools Trustees: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $30K (FY2013) to $126K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
39.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$593K
Total liabilities
$0
Net assets
$593K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $125,771▼23.3% | $76,426▲69.0% | $593,022▲9.1% | $593,022▲9.1% | 990PF |
| 2023 | $164,010▲18349% | $45,210▼34.3% | $543,677▲28.0% | $543,677▲28.0% | 990PF |
| 2022 | $889▼98.8% | $68,846▼1.0% | $424,877▼13.8% | $424,877▼13.8% | 990PF |
| 2021 | $76,673▲12.5% | $69,573▲11.2% | $492,834▲1.5% | $492,834▲1.5% | 990PF |
| 2020 | $68,155▲141% | $62,564▼29.0% | $485,734▲1.2% | $485,734▲1.2% | 990PF |
| 2019 | $28,229▼63.7% | $88,164▲121% | $480,143▼11.1% | $480,143▼11.1% | 990PF |
| 2018 | $77,769▼14.8% | $39,951▼30.1% | $540,078▲7.5% | $540,078▲7.5% | 990PF |
| 2017 | $91,329▲69.8% | $57,173▼22.6% | $502,260▲7.3% | $502,260▲7.3% | 990PF |
| 2016 | $53,789▲112% | $73,890▲94.1% | $468,104▼4.1% | $468,104▼4.1% | 990PF |
| 2015 | $25,328▼40.8% | $38,062▼22.7% | $488,205▼2.5% | $488,205▼2.5% | 990PF |
| 2014 | $42,757▲42.4% | $49,244▲8.1% | $500,939▼1.3% | $500,939▼1.3% | 990PF |
| 2013 | $30,027 | $45,556 | $507,426 | $507,426 | 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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Data for Long Wharf & Public Schools Trustees (EIN 05-6016284) 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.