The Corrigan-walla Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
The Corrigan-walla Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1994, with $431,962 in FY2022 revenue. CharityIndex grades it C.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 77-0359520 Since 1994
Revenue (FY2022)
$432K
▲ 197.2% vs prior year
Expenses (FY2022)
$428K
Net assets
$5.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 The Corrigan-walla 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 rating147 mo reserves · +1% 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 The Corrigan-walla Foundation: 147 mo reserves · +1% 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 The Corrigan-walla Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 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 The Corrigan-walla Foundation: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from -$1.0M (FY2013) to $432K (FY2022) across 9 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $5.3M
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$0
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $431,962▲197% | $427,827▼22.8% | $5,256,974▲0.1% | $5,256,974▲0.1% | 990PF |
| 2021 | $145,320▼36.0% | $554,195▲42.3% | $5,252,839▼7.2% | $5,252,839▼7.2% | 990PF |
| 2020 | $227,034▲128% | $389,327▼1.7% | $5,661,714▼1.1% | $5,661,714▼1.1% | 990PF |
| 2019 | $99,423▼75.4% | $396,021▲23.3% | $5,724,007▲0.5% | $5,724,007▲0.5% | 990PF |
| 2017 | $403,611▲137% | $321,217▲1.6% | $5,696,185▲1.5% | $5,696,185▲1.5% | 990PF |
| 2016 | $170,374▼39.0% | $316,248▲25.8% | $5,613,791▼2.5% | $5,613,791▼2.5% | 990PF |
| 2015 | $279,428▼57.8% | $251,332▲125% | $5,759,665▲0.5% | $5,759,665▲0.5% | 990PF |
| 2014 | $662,574▲166% | $111,615▼61.1% | $5,731,569▲10.6% | $5,731,569▲10.6% | 990PF |
| 2013 | -$1,002,257 | $286,685▲11.1% | $5,180,610▼19.9% | $5,180,610▼19.9% | 990PF |
| 2012 | — | $258,157▲12.3% | $6,469,552▼5.3% | $6,469,552▼5.3% | 990PF |
| 2011 | — | $229,815 | $6,833,310 | $6,833,310 | 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 The Corrigan-walla Foundation a legitimate nonprofit?
- Yes. The Corrigan-walla Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 77-0359520, based in Wilmington, Delaware. Donations are tax-deductible.
- What is The Corrigan-walla Foundation's EIN?
- The Corrigan-walla Foundation's Employer Identification Number (EIN) is 77-0359520.
- How much revenue does The Corrigan-walla Foundation report?
- The Corrigan-walla Foundation reported $431,962 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does The Corrigan-walla Foundation have?
- CharityIndex grades The Corrigan-walla Foundation C, based on financial health (reserves and operating margin).
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Data for The Corrigan-walla Foundation (EIN 77-0359520) 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.