Sallie B Phillips Foundation is a 501(c)(3) organization based in Palm Beach, Florida, registered in 2008, with $131,372 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$131K
▲ 195.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$133K
Net assets
$1.7M
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 Sallie B Phillips Foundation— 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 Sallie B Phillips Foundation: 153 mo reserves · -1% margin earns a B+ 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 Sallie B Phillips Foundation— 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 Sallie B Phillips Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $63K (FY2013) to $131K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $131,372▲195% | $133,201▲14.2% | $1,701,020▼0.1% | $1,701,020▼0.1% | 990PF |
| 2023 | $44,528▼54.7% | $116,641▼2.6% | $1,702,849▼4.1% | $1,702,849▼4.1% | 990PF |
| 2022 | $98,192▼61.7% | $119,732▲1.8% | $1,774,962▼1.2% | $1,774,962▼1.2% | 990PF |
| 2021 | $256,172▲423% | $117,576▼5.7% | $1,796,502▲8.4% | $1,796,502▲8.4% | 990PF |
| 2020 | $48,946▼64.6% | $124,641▼1.8% | $1,657,906▼4.4% | $1,657,906▼4.4% | 990PF |
| 2019 | $138,198▲43.9% | $126,929▲0.7% | $1,733,601▲0.7% | $1,733,601▲0.7% | 990PF |
| 2018 | $96,022▲53.1% | $126,033▲5.9% | $1,722,332▲5.0% | $1,722,332▲5.0% | 990PF |
| 2013 | $62,709 | $119,045▲10.9% | $1,639,793▼3.3% | $1,639,793▼3.3% | 990PF |
| 2012 | — | $107,389▲1.1% | $1,696,129▼1.1% | $1,696,129▼1.1% | 990PF |
| 2011 | — | $106,206▲11.6% | $1,715,058▼0.5% | $1,715,058▼0.5% | 990PF |
| 2010 | — | $95,170 | $1,724,180 | $1,724,180 | 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 Sallie B Phillips Foundation (EIN 26-2208894) 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.