The Whalen-wilson Foundation is a 501(c)(3) organization based in Murrells Inlt, South Carolina, registered in 2018, with $50,752 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$51K
▼ 49.4% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$40K
Net assets
$142K
Employees
—
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 →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 Whalen-wilson 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 The Whalen-wilson Foundation: 43 mo reserves · +21% margin earns a A 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 The Whalen-wilson 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 The Whalen-wilson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue held steady from $50K (FY2017) to $51K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
21.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$142K
Total liabilities
$0
Net assets
$142K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $50,752▼49.4% | $40,110▼41.5% | $142,184▲8.1% | $142,184▲8.1% | 990PF |
| 2022 | $100,373▲2509225% | $68,600▲357% | $131,542▲31.8% | $131,542▲31.8% | 990PF |
| 2021 | $4▼100.0% | $15,000▼69.7% | $99,769▼13.1% | $99,769▼13.1% | 990PF |
| 2020 | $20,094▼60.0% | $49,550▲153% | $114,765▼20.4% | $114,765▼20.4% | 990PF |
| 2019 | $50,271 | $19,550▼39.0% | $144,221▲27.1% | $144,221▲27.1% | 990PF |
| 2018 | $50,261▲0.3% | $32,050▲136% | $113,500▲19.1% | $113,500▲19.1% | 990PF |
| 2017 | $50,131 | $13,600 | $95,289 | $95,289 | 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 The Whalen-wilson Foundation (EIN 81-0765617) 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.