Mollie B Foley Charitable Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Mollie B Foley Charitable Trust is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1992, with $319,865 in FY2024 revenue. CharityIndex grades it C+.
Po Box 70, Wilmington, DE, 19899 EIN 22-6573797 Since 1992
Revenue (FY2024)
$320K
▲ 76.0% vs prior year
Expenses (FY2024)
$346K
Net assets
$4.3M
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 Mollie B Foley 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 rating151 mo reserves · -8% 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 Mollie B Foley Charitable Trust: 151 mo reserves · -8% 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 Mollie B Foley 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 Mollie B Foley Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 70, Wilmington, DE, 19899
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $6.0M (FY2020) to $320K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.3M
Operating margin
-8.3%
Spent more than it raised in the latest fiscal year.
Total assets
$4.3M
Total liabilities
$0
Net assets
$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $319,865▲76.0% | $346,465▼3.3% | $4,346,311▼0.6% | $4,346,311▼0.6% | 990PF |
| 2023 | $181,747▲58.5% | $358,110▲8.0% | $4,373,495▼3.9% | $4,373,495▼3.9% | 990PF |
| 2022 | $114,656▼56.3% | $331,674▲0.7% | $4,550,137▼4.5% | $4,550,137▼4.5% | 990PF |
| 2021 | $262,648▼95.6% | $329,286▲31.8% | $4,766,308▼1.4% | $4,766,308▼1.4% | 990PF |
| 2020 | $6,023,558 | $249,848 | $4,833,228 | $4,833,228 | 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 Mollie B Foley Charitable Trust a legitimate nonprofit?
- Yes. Mollie B Foley Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-6573797, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Mollie B Foley Charitable Trust's EIN?
- Mollie B Foley Charitable Trust's Employer Identification Number (EIN) is 22-6573797.
- How much revenue does Mollie B Foley Charitable Trust report?
- Mollie B Foley Charitable Trust reported $319,865 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mollie B Foley Charitable Trust have?
- CharityIndex grades Mollie B Foley Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for Mollie B Foley Charitable Trust (EIN 22-6573797) 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.