Mark H Latimer Charitable Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1980, with $34,750 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$35K
▼ 9.4% vs prior year
Health median: $840K
Expenses (FY2024)
$44K
Net assets
$518K
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 Mark H Latimer Charitable Foundation— 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 Mark H Latimer Charitable Foundation: 143 mo reserves · -25% margin earns a D 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 Mark H Latimer Charitable Foundation— 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 Mark H Latimer Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $49K (FY2017) to $35K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-25.3%
Spent more than it raised in the latest fiscal year.
Total assets
$518K
Total liabilities
$0
Net assets
$518K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $34,750▼9.4% | $43,552▲6.6% | $518,337▼1.7% | $518,337▼1.7% | 990PF |
| 2023 | $38,344▼9.1% | $40,845▼58.3% | $527,137▼0.5% | $527,137▼0.5% | 990PF |
| 2022 | $42,190▲137% | $98,002▲119% | $529,531▲0.1% | $529,531▲0.1% | 990PF |
| 2021 | $17,780▼55.6% | $44,839▲5.7% | $528,931▼4.9% | $528,931▼4.9% | 990PF |
| 2020 | $40,066▲13.8% | $42,432▲8.4% | $556,055▼0.4% | $556,055▼0.4% | 990PF |
| 2019 | $35,219▼26.7% | $39,131▼6.8% | $558,511▼0.7% | $558,511▼0.7% | 990PF |
| 2018 | $48,037▼1.4% | $41,974▲7.3% | $562,438▲1.1% | $562,438▲1.1% | 990PF |
| 2017 | $48,729 | $39,120▲5.4% | $556,406▼11.7% | $556,406▼11.7% | 990PF |
| 2010 | — | $37,120▲99.5% | $629,834▲0.1% | $629,834▲0.1% | 990PF |
| 2009 | — | $18,604 | $628,959 | $628,959 | 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 Mark H Latimer Charitable Foundation (EIN 74-6284514) 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.