Meredith E Drench Charitable Tr
501(c)(92)
Only null% goes to programs Strong reserves
Meredith E Drench Charitable Tr is a 501(c)(92) organization based in Newburyport, Massachusetts, with $79,139 in FY2024 revenue. CharityIndex grades it F.
11 Upland Rd, Newburyport, MA, 01950 EIN 47-6372167
Revenue (FY2024)
$79K
▲ 1.2% vs prior year
Expenses (FY2024)
$178K
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Meredith E Drench 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 →
FFinancial health25% of the rating111 mo reserves · -125% 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 Meredith E Drench Charitable Tr: 111 mo reserves · -125% margin earns a F 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 Meredith E Drench 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 Meredith E Drench Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 11 Upland Rd, Newburyport, MA, 01950
- City
- Newburyport
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue held steady from $78K (FY2017) to $79K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.7M
Operating margin
-124.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,139▲1.2% | $177,816▲4.8% | $1,650,553▼1.9% | $1,650,553▼1.9% | 990PF |
| 2023 | $78,203▲12.1% | $169,700▼19.9% | $1,682,649▼1.9% | $1,682,649▼1.9% | 990PF |
| 2022 | $69,782▲0.3% | $211,799▲2.2% | $1,714,986▼4.0% | $1,714,986▼4.0% | 990PF |
| 2021 | $69,575▼2.5% | $207,140▲3.2% | $1,785,882▼3.0% | $1,785,882▼3.0% | 990PF |
| 2020 | $71,325▼2.4% | $200,726▲2.0% | $1,841,739▼4.4% | $1,841,739▼4.4% | 990PF |
| 2019 | $73,104▼11.0% | $196,782▼5.2% | $1,927,509▼6.5% | $1,927,509▼6.5% | 990PF |
| 2018 | $82,183▲5.1% | $207,529▲28.9% | $2,061,301▼4.1% | $2,061,301▼4.1% | 990PF |
| 2017 | $78,195 | $161,062 | $2,149,176 | $2,149,176 | 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 Meredith E Drench Charitable Tr a legitimate nonprofit?
- Yes. Meredith E Drench Charitable Tr is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 47-6372167, based in Newburyport, Massachusetts.
- What is Meredith E Drench Charitable Tr's EIN?
- Meredith E Drench Charitable Tr's Employer Identification Number (EIN) is 47-6372167.
- How much revenue does Meredith E Drench Charitable Tr report?
- Meredith E Drench Charitable Tr reported $79,139 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Meredith E Drench Charitable Tr have?
- CharityIndex grades Meredith E Drench Charitable Tr F, based on financial health (reserves and operating margin).
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Data for Meredith E Drench Charitable Tr (EIN 47-6372167) 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.