Mary C & Perry F Spencer Foundation is a 501(c)(3) organization based in Fort Wayne, Indiana, registered in 1982, with $246,790 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$247K
▼ 48.3% vs prior year
Expenses (FY2024)
$290K
Net assets
$4.9M
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 Mary C & Perry F Spencer 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 Mary C & Perry F Spencer Foundation: 202 mo reserves · -17% margin earns a C+ 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 Mary C & Perry F Spencer 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 Mary C & Perry F Spencer Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $340K (FY2013) to $247K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-17.5%
Spent more than it raised in the latest fiscal year.
Total assets
$4.9M
Total liabilities
$0
Net assets
$4.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $246,790▼48.3% | $289,945▼4.5% | $4,881,420▼0.9% | $4,881,420▼0.9% | 990PF |
| 2023 | $476,994▲7.1% | $303,529▼11.9% | $4,924,575▲3.6% | $4,924,575▲3.6% | 990PF |
| 2022 | $445,495▼14.3% | $344,452▲15.4% | $4,751,895▲2.2% | $4,751,895▲2.2% | 990PF |
| 2021 | $519,610▲263% | $298,523▲0.5% | $4,651,406▲4.9% | $4,651,406▲4.9% | 990PF |
| 2020 | $143,305▼71.3% | $297,185▲4.8% | $4,432,525▼3.5% | $4,432,525▼3.5% | 990PF |
| 2019 | $499,477▲27.7% | $283,456▲1.7% | $4,591,103▲4.9% | $4,591,103▲4.9% | 990PF |
| 2018 | $390,987▲21.9% | $278,826▲7.1% | $4,375,084▲2.6% | $4,375,084▲2.6% | 990PF |
| 2017 | $320,859▲38.8% | $260,378▼1.7% | $4,262,928▲1.4% | $4,262,928▲1.4% | 990PF |
| 2016 | $231,128▼40.9% | $264,987▲0.4% | $4,202,450▼0.8% | $4,202,450▼0.8% | 990PF |
| 2015 | $391,331▼1.6% | $263,910▲6.9% | $4,236,305▲3.1% | $4,236,305▲3.1% | 990PF |
| 2014 | $397,724▲16.9% | $246,802▲4.6% | $4,108,887▲3.2% | $4,108,887▲3.2% | 990PF |
| 2013 | $340,309 | $235,925▲8.6% | $3,983,105▲3.0% | $3,983,105▲3.0% | 990PF |
| 2012 | — | $217,202 | $3,866,850 | $3,866,850 | 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 Mary C & Perry F Spencer Foundation (EIN 31-1016213) 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.