R Charles Loudermilk Sr Foundation Inc
Only null% goes to programs Strong reserves
R Charles Loudermilk Sr Foundation Inc is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1997, with $2,415,232 in FY2024 revenue. CharityIndex grades it C+.
501 Silverside Rd, Wilmington, DE, 19809 EIN 58-2352715 Since 1997
Revenue (FY2024)
$2.4M
▼ 84.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$363K
Net assets
$17.1M
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 R Charles Loudermilk Sr Foundation Inc— 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 rating567 mo reserves · +85% 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 R Charles Loudermilk Sr Foundation Inc: 567 mo reserves · +85% 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 R Charles Loudermilk Sr Foundation Inc— 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 R Charles Loudermilk Sr Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $1,061 (FY2013) to $2.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $17.1M
Operating margin
85.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$17.1M
Total liabilities
$0
Net assets
$17.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,415,232▼84.8% | $363,161▲1313% | $17,147,376▲8.0% | $17,147,376▲8.0% | 990PF |
| 2023 | $15,905,437▲1375803% | $25,710▲2124% | $15,879,727 | $15,879,727 | 990PF |
| 2022 | $1,156 | $1,156 | $0 | $0 | 990PF |
| 2021 | $0▼100% | $0▼100% | $0 | $0 | 990PF |
| 2020 | $1,105▲2.8% | $1,105▲2.8% | $0 | $0 | 990PF |
| 2019 | $1,075▼49.9% | $1,075▼49.9% | $0 | $0 | 990PF |
| 2018 | $2,145▲100% | $2,145▲100% | $0 | $0 | 990PF |
| 2017 | $1,070▼12.6% | $1,070▼12.6% | $0 | $0 | 990PF |
| 2016 | $1,224▲17.1% | $1,224▲17.1% | $0 | $0 | 990PF |
| 2015 | $1,045▼0.9% | $1,045▼0.9% | $0 | $0 | 990PF |
| 2014 | $1,055▼0.6% | $1,055▼0.6% | $0 | $0 | 990PF |
| 2013 | $1,061 | $1,061▲7.2% | $0 | $0 | 990PF |
| 2010 | — | $990 | $0 | $0 | 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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Frequently asked questions
- Is R Charles Loudermilk Sr Foundation Inc a legitimate nonprofit?
- Yes. R Charles Loudermilk Sr Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2352715, based in Wilmington, Delaware. Donations are tax-deductible.
- What is R Charles Loudermilk Sr Foundation Inc's EIN?
- R Charles Loudermilk Sr Foundation Inc's Employer Identification Number (EIN) is 58-2352715.
- How much revenue does R Charles Loudermilk Sr Foundation Inc report?
- R Charles Loudermilk Sr Foundation Inc reported $2,415,232 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does R Charles Loudermilk Sr Foundation Inc have?
- CharityIndex grades R Charles Loudermilk Sr Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for R Charles Loudermilk Sr Foundation Inc (EIN 58-2352715) 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.