Thomas B Fordham Institute is a 501(c)(3) organization based in Burke, Virginia, registered in 2002, with $2,780,476 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$2.8M
▲ 32.1% vs prior year
Education median: $200K
Expenses (FY2024)
$3.9M
Net assets
$4.2M
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 Thomas B Fordham Institute— 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 Thomas B Fordham Institute: 13 mo reserves · -42% margin earns a D 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 Thomas B Fordham Institute— 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 Thomas B Fordham Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $2.2M (FY2019) to $2.8M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-41.5%
Spent more than it raised in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$643K
Net assets
$4.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,780,476▲32.1% | $3,935,524▲1.9% | $4,154,096▼18.2% | $4,797,340▼25.6% | 990 |
| 2023 | $2,104,202▲100% | $3,862,453▲23.0% | $5,076,904▼17.2% | $6,448,968▼11.8% | 990 |
| 2022 | $1,050,355▼78.7% | $3,139,829▼8.6% | $6,133,623▼31.8% | $7,314,951▼26.9% | 990 |
| 2021 | $4,932,903▲118% | $3,434,518▼5.1% | $8,997,141▲38.1% | $10,011,588▲43.1% | 990 |
| 2020 | $2,266,040▲4.5% | $3,620,616▼3.2% | $6,514,860▼14.1% | $6,996,430▼17.1% | 990 |
| 2019 | $2,169,138 | $3,739,542 | $7,587,615 | $8,441,148 | 990 |
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.
21 grants to Thomas B Fordham Institute totaling $2.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charter Fund Inc | Charter school capacity-building | 2024 | $94,334 |
| City Fund | To support planning for a potential new organization to advocate for improved charter policy and the growth of the number of students served by high quality charters in ohio | 2023 | $160,000 |
| City Fund | To support research and exploration of ohios charter advocacy environment | 2023 | $38,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,000 |
| Silicon Valley Community Foundation | Education | 2021 | $375,000 |
| The Seattle Foundation | Common ground on emerging issues in k-12 education | 2021 | $125,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $10,000 |
| Silicon Valley Community Foundation | Education | 2020 | $493,000 |
| City Fund | Operating support | 2020 | $125,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $10,000 |
| Silicon Valley Community Foundation | Education | 2018 | $350,000 |
| Donor Advised Charitable Giving | Education | 2018 | $200,000 |
| Strada Education Foundation Inc | Operating grant | 2018 | $50,000 |
| Strada Education Foundation Inc | Operating grant | 2017 | $150,000 |
| New Venture Fund | Youth development and education | 2017 | $100,000 |
Explore more
Data for Thomas B Fordham Institute (EIN 31-1816446) 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.