Thomas P Duncan Jr Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Thomas P Duncan Jr Foundation is a 501(c)(3) organization based in Salisbury, Maryland, registered in 1972, with $449,520 in FY2024 revenue. CharityIndex grades it C+.
5464 Cherry Hill Ln, Salisbury, MD, 21801 EIN 54-0920302 Since 1972
Revenue (FY2024)
$450K
▲ 699.0% vs prior year
Expenses (FY2024)
$74K
Net assets
$821K
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 Thomas P Duncan Jr 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 rating132 mo reserves · +83% 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 Thomas P Duncan Jr Foundation: 132 mo reserves · +83% 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 Thomas P Duncan Jr 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 Thomas P Duncan Jr 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 $52K (FY2013) to $450K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,554Net assets $821K
Operating margin
83.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$823K
Total liabilities
$1,554
Net assets
$821K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $449,520▲699% | $74,468▲10.5% | $821,260▲84.1% | $822,814▲8.0% | 990PF |
| 2023 | $56,263▲5.9% | $67,390▼6.3% | $446,208▼3.8% | $761,903▲64.3% | 990PF |
| 2022 | $53,129▲58.5% | $71,899▲36.0% | $463,773▼4.9% | $463,773▼4.9% | 990PF |
| 2021 | $33,510▼65.9% | $52,863▼47.4% | $487,879▼3.2% | $487,879▼3.2% | 990PF |
| 2020 | $98,236▲47.4% | $100,565▲19.8% | $504,084▲12.9% | $504,128▲13.0% | 990PF |
| 2019 | $66,649▼34.7% | $83,918▲41.2% | $446,313▼3.7% | $446,313▼3.7% | 990PF |
| 2018 | $102,041▲1034% | $59,447▲15.0% | $463,582▲10.1% | $463,582▲10.1% | 990PF |
| 2017 | $9,002▼84.7% | $51,711▼5.1% | $420,988▼9.2% | $420,988▼9.2% | 990PF |
| 2016 | $58,899▲89.5% | $54,481▼5.4% | $463,480▲1.1% | $463,480▲1.1% | 990PF |
| 2015 | $31,077▼32.9% | $57,601▲82.3% | $458,440▼5.5% | $458,440▼5.5% | 990PF |
| 2014 | $46,295▼10.5% | $31,601▼46.5% | $484,964▲3.1% | $484,964▲3.1% | 990PF |
| 2013 | $51,715 | $59,028▲28.5% | $470,270▼1.5% | $470,270▼1.5% | 990PF |
| 2012 | — | $45,938▲21.0% | $477,583▲0.4% | $477,583▲0.4% | 990PF |
| 2011 | — | $37,969 | $475,470 | $475,470 | 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 Thomas P Duncan Jr Foundation a legitimate nonprofit?
- Yes. Thomas P Duncan Jr Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0920302, based in Salisbury, Maryland. Donations are tax-deductible.
- What is Thomas P Duncan Jr Foundation's EIN?
- Thomas P Duncan Jr Foundation's Employer Identification Number (EIN) is 54-0920302.
- How much revenue does Thomas P Duncan Jr Foundation report?
- Thomas P Duncan Jr Foundation reported $449,520 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas P Duncan Jr Foundation have?
- CharityIndex grades Thomas P Duncan Jr Foundation C+, based on financial health (reserves and operating margin).
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Data for Thomas P Duncan Jr Foundation (EIN 54-0920302) 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.