Philip L Van Every Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Philip L Van Every Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1963, with $7,647,066 in FY2023 revenue. CharityIndex grades it C+.
2711 Centerville Rd Ste 200, Wilmington, DE, 19808 EIN 56-6039337 Since 1963
Revenue (FY2023)
$7.6M
▲ 662.9% vs prior year
Expenses (FY2023)
$2.7M
Net assets
$40.5M
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 Philip L Van Every Foundation— 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 rating181 mo reserves · +65% 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 Philip L Van Every Foundation: 181 mo reserves · +65% 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 Philip L Van Every Foundation— 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 Philip L Van Every Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2711 Centerville Rd Ste 200, Wilmington, DE, 19808
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $775K (FY2019) to $7.6M (FY2023) across 5 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $40.5M
Operating margin
64.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40.5M
Total liabilities
$0
Net assets
$40.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,647,066▲663% | $2,682,504▲8.0% | $40,527,918▲14.1% | $40,527,918▲14.1% | 990PF |
| 2022 | $1,002,357▼58.1% | $2,483,877▲7.5% | $35,516,740▼4.0% | $35,516,740▼4.0% | 990PF |
| 2021 | $2,390,344▼2.0% | $2,310,088▲6.5% | $37,015,046▲0.2% | $37,015,046▲0.2% | 990PF |
| 2020 | $2,439,157▲215% | $2,168,454▲15.5% | $36,948,019▲0.7% | $36,948,019▲0.7% | 990PF |
| 2019 | $775,397 | $1,877,513 | $36,687,618 | $36,687,618 | 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 Philip L Van Every Foundation a legitimate nonprofit?
- Yes. Philip L Van Every Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6039337, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Philip L Van Every Foundation's EIN?
- Philip L Van Every Foundation's Employer Identification Number (EIN) is 56-6039337.
- How much revenue does Philip L Van Every Foundation report?
- Philip L Van Every Foundation reported $7,647,066 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Philip L Van Every Foundation have?
- CharityIndex grades Philip L Van Every Foundation C+, based on financial health (reserves and operating margin).
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Data for Philip L Van Every Foundation (EIN 56-6039337) 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.