Melitta S and Joan M Pick Charitable Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Melitta S and Joan M Pick Charitable Trust is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1972, with $8,226,644 in FY2024 revenue. CharityIndex grades it C+.
Foley Lardner LLP 777 E Wisconsin, Milwaukee, WI, 53202 EIN 23-7243490 Since 1972
Revenue (FY2024)
$8.2M
▲ 132.8% vs prior year
Expenses (FY2024)
$6.6M
Net assets
$69.2M
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 Melitta S and Joan M Pick Charitable Trust— 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 rating127 mo reserves · +20% 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 Melitta S and Joan M Pick Charitable Trust: 127 mo reserves · +20% 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 Melitta S and Joan M Pick Charitable Trust— 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 Melitta S and Joan M Pick Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $3.2M (FY2015) to $8.2M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $69.2M
Operating margin
20.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$69.2M
Total liabilities
$0
Net assets
$69.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,226,644▲133% | $6,553,505▲31.8% | $69,193,377▲2.5% | $69,193,377▲2.5% | 990PF |
| 2023 | $3,533,776▼1.2% | $4,971,993▲15.4% | $67,523,610▼2.1% | $67,523,610▼2.1% | 990PF |
| 2022 | $3,575,634▼77.0% | $4,307,016▼34.2% | $68,957,037▼1.0% | $68,957,037▼1.0% | 990PF |
| 2021 | $15,533,257▲198% | $6,547,511▲46.6% | $69,688,567▲14.8% | $69,688,567▲14.8% | 990PF |
| 2020 | $5,211,629▲1.4% | $4,465,532▼11.1% | $60,702,616▲1.2% | $60,702,616▲1.2% | 990PF |
| 2019 | $5,141,952▲18.4% | $5,020,357▲6.0% | $59,955,335▲0.2% | $59,955,335▲0.2% | 990PF |
| 2018 | $4,341,082▲13.6% | $4,738,207▲3.6% | $59,833,475▼0.7% | $59,833,475▼0.7% | 990PF |
| 2017 | $3,820,371▲175% | $4,572,265▲97.9% | $60,230,831▼1.2% | $60,230,831▼1.2% | 990PF |
| 2016 | $1,390,778▼57.2% | $2,309,950▼32.6% | $60,982,546▼1.5% | $60,982,546▼1.5% | 990PF |
| 2015 | $3,246,161 | $3,427,639 | $61,900,588 | $61,900,588 | 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.
Frequently asked questions
- Is Melitta S and Joan M Pick Charitable Trust a legitimate nonprofit?
- Yes. Melitta S and Joan M Pick Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7243490, based in Milwaukee, Wisconsin. Donations are tax-deductible.
- What is Melitta S and Joan M Pick Charitable Trust's EIN?
- Melitta S and Joan M Pick Charitable Trust's Employer Identification Number (EIN) is 23-7243490.
- How much revenue does Melitta S and Joan M Pick Charitable Trust report?
- Melitta S and Joan M Pick Charitable Trust reported $8,226,644 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Melitta S and Joan M Pick Charitable Trust have?
- CharityIndex grades Melitta S and Joan M Pick Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for Melitta S and Joan M Pick Charitable Trust (EIN 23-7243490) 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.