Michael & Dudley Del Balso Charitable Trust is a 501(c)(3) organization based in New York, New York, registered in 1991, with $440,123 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$440K
▲ 166.1% vs prior year
Expenses (FY2024)
$1.9M
Net assets
$4.7M
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 Michael & Dudley Del Balso 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 →
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 Michael & Dudley Del Balso Charitable Trust: 30 mo reserves · -325% margin earns a F 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 Michael & Dudley Del Balso 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 →
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 Michael & Dudley Del Balso Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $171K (FY2013) to $440K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-324.7%
Spent more than it raised in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$0
Net assets
$4.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $440,123▲166% | $1,869,298▲365% | $4,697,064▼10.4% | $4,697,064▼10.4% | 990PF |
| 2023 | $165,408▼27.5% | $402,362▼45.3% | $5,242,218▼3.3% | $5,242,218▼3.3% | 990PF |
| 2022 | $228,132▼66.8% | $735,808▼10.3% | $5,419,955▼7.4% | $5,419,955▼7.4% | 990PF |
| 2021 | $686,346▲63.1% | $820,325▲22.9% | $5,855,299▼1.3% | $5,855,299▼1.3% | 990PF |
| 2020 | $420,788▼83.2% | $667,221▲62.3% | $5,934,455▼7.0% | $5,934,455▼7.0% | 990PF |
| 2019 | $2,510,908▲1264% | $411,208▲12.1% | $6,383,993▲31.5% | $6,383,993▲31.5% | 990PF |
| 2018 | $184,129▼68.1% | $366,986▲0.9% | $4,854,332▼2.6% | $4,854,332▼2.6% | 990PF |
| 2017 | $578,055▲121% | $363,609▼12.1% | $4,986,396▼10.2% | $4,986,396▼10.2% | 990PF |
| 2016 | $262,127▼87.9% | $413,591▲41.3% | $5,551,359▼1.7% | $5,551,359▼1.7% | 990PF |
| 2015 | $2,174,950▲563% | $292,620▼14.4% | $5,646,458▲48.8% | $5,646,458▲48.8% | 990PF |
| 2014 | $328,160▲92.4% | $341,673▲30.6% | $3,795,475▲4.0% | $3,795,475▲4.0% | 990PF |
| 2013 | $170,586 | $261,599▲65.9% | $3,650,369▼2.4% | $3,650,369▼2.6% | 990PF |
| 2012 | — | $157,702▲73.0% | $3,741,382▲39.4% | $3,746,757▲39.5% | 990PF |
| 2011 | — | $91,137▲17.3% | $2,683,214▲56.5% | $2,685,214▲56.6% | 990PF |
| 2010 | — | $77,728 | $1,714,952 | $1,714,952 | 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 Michael & Dudley Del Balso Charitable Trust (EIN 13-6878848) 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.