Margaret M Collins Charitable Tr
Only null% goes to programs Strong reserves Growing revenue
Margaret M Collins Charitable Tr is a 501(c)(3) organization based in Methuen, Massachusetts, registered in 2003, with $182,761 in FY2024 revenue. CharityIndex grades it C+.
280 Merrimack St Ste B, Methuen, MA, 01844 EIN 51-6542774 Since 2003
Revenue (FY2024)
$183K
▲ 137.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$171K
Net assets
$2.4M
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 Margaret M Collins 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 →
B+Financial health25% of the rating170 mo reserves · +7% 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 Margaret M Collins Charitable Tr: 170 mo reserves · +7% 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 Margaret M Collins 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 →
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 Margaret M Collins Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 280 Merrimack St Ste B, Methuen, MA, 01844
- City
- Methuen
- State
- Massachusetts
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $62K (FY2019) to $183K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.4M
Operating margin
6.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $182,761▲137% | $170,555▲10.7% | $2,418,368▲0.5% | $2,418,368▲0.5% | 990PF |
| 2023 | $76,991▼73.7% | $154,066▼17.0% | $2,407,313▼2.8% | $2,407,313▼2.8% | 990PF |
| 2022 | $293,175▲99.8% | $185,553▲30.5% | $2,476,059▲4.9% | $2,476,059▲4.9% | 990PF |
| 2021 | $146,698▲12.5% | $142,170▼8.6% | $2,361,428▲0.2% | $2,361,428▲0.2% | 990PF |
| 2020 | $130,429▲110% | $155,486▲21.7% | $2,356,900▼1.3% | $2,356,900▼1.3% | 990PF |
| 2019 | $62,198 | $127,785 | $2,387,262 | $2,387,262 | 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 Margaret M Collins Charitable Tr a legitimate nonprofit?
- Yes. Margaret M Collins Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-6542774, based in Methuen, Massachusetts. Donations are tax-deductible.
- What is Margaret M Collins Charitable Tr's EIN?
- Margaret M Collins Charitable Tr's Employer Identification Number (EIN) is 51-6542774.
- How much revenue does Margaret M Collins Charitable Tr report?
- Margaret M Collins Charitable Tr reported $182,761 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Margaret M Collins Charitable Tr have?
- CharityIndex grades Margaret M Collins Charitable Tr C+, based on financial health (reserves and operating margin).
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Data for Margaret M Collins Charitable Tr (EIN 51-6542774) 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.