Sue & Edgar Wachenheim Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Sue & Edgar Wachenheim Foundation is a 501(c)(3) organization based in Purchase, New York, registered in 1969, with $137,996,447 in FY2024 revenue. CharityIndex grades it C+.
Co Cng 3 Manhattanville Road 301, Purchase, NY, 10577 EIN 23-7011002 Since 1969
Revenue (FY2024)
$138.0M
▲ 8.5% vs prior year
Expenses (FY2024)
$29.8M
Net assets
$592.8M
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 Sue & Edgar Wachenheim 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 rating238 mo reserves · +78% 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 Sue & Edgar Wachenheim Foundation: 238 mo reserves · +78% 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 Sue & Edgar Wachenheim 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 Sue & Edgar Wachenheim Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $25.6M (FY2019) to $138.0M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $592.8M
Operating margin
78.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$592.8M
Total liabilities
$0
Net assets
$592.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $137,996,447▲8.5% | $29,836,202▼11.5% | $592,791,507▲22.3% | $592,791,507▲22.3% | 990PF |
| 2023 | $127,242,217▲1651% | $33,707,665▲56.8% | $484,631,262▲17.4% | $484,631,262▲17.4% | 990PF |
| 2022 | $7,265,446▼23.1% | $21,491,945▲2.7% | $412,705,929▼3.3% | $412,705,929▼3.3% | 990PF |
| 2021 | $9,452,276▼92.0% | $20,933,758▼18.8% | $426,932,428▼2.6% | $426,932,428▼2.6% | 990PF |
| 2020 | $118,434,047▲363% | $25,779,977▲31.6% | $438,413,910▲31.9% | $438,413,910▲31.9% | 990PF |
| 2019 | $25,553,033 | $19,586,555 | $332,424,244 | $332,424,244 | 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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Chris A Wachenheim | Director | 0.5 | — |
| Edgar Wachenheim III | President, Ceo | 0.5 | — |
| Kim W Wagman | Secretary | 0.5 | — |
| Lance R Wachenheim | Treasurer | 0.5 | — |
| Sue W Wachenheim | Vice President | 0.5 | — |
Frequently asked questions
- Is Sue & Edgar Wachenheim Foundation a legitimate nonprofit?
- Yes. Sue & Edgar Wachenheim Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7011002, based in Purchase, New York. Donations are tax-deductible.
- What is Sue & Edgar Wachenheim Foundation's EIN?
- Sue & Edgar Wachenheim Foundation's Employer Identification Number (EIN) is 23-7011002.
- How much revenue does Sue & Edgar Wachenheim Foundation report?
- Sue & Edgar Wachenheim Foundation reported $137,996,447 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sue & Edgar Wachenheim Foundation have?
- CharityIndex grades Sue & Edgar Wachenheim Foundation C+, based on financial health (reserves and operating margin).
- How much does Sue & Edgar Wachenheim Foundation's highest-paid employee make?
- The highest reported compensation on Sue & Edgar Wachenheim Foundation's latest Form 990 is $0, paid to Chris A Wachenheim (Director).
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Data for Sue & Edgar Wachenheim Foundation (EIN 23-7011002) 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.