Tseng-rust Family Foundation
Only null% goes to programs Strong reserves Growing revenue
Tseng-rust Family Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2015, with $18,209,015 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 47-2340444 Since 2015
Revenue (FY2024)
$18.2M
▲ 279.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4.1M
Net assets
$57.9M
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 Tseng-rust Family 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 rating170 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 Tseng-rust Family Foundation: 170 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 Tseng-rust Family 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 Tseng-rust Family Foundation: 1 of 5 disclosure signals earns a D 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.
Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $11.6M (FY2015) to $18.2M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $57.9M
Operating margin
77.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$57.9M
Total liabilities
$0
Net assets
$57.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,209,015▲279% | $4,074,861▲13.3% | $57,888,650▲32.3% | $57,888,650▲32.3% | 990PF |
| 2023 | $4,803,245▼53.2% | $3,596,174▲0.8% | $43,754,496▲2.7% | $43,754,496▲2.7% | 990PF |
| 2022 | $10,264,587▲272% | $3,566,987▲19.7% | $42,619,934▲18.6% | $42,619,934▲18.6% | 990PF |
| 2021 | $2,759,481▼10.1% | $2,980,721▲20.6% | $35,922,334▼0.6% | $35,922,334▼0.6% | 990PF |
| 2020 | $3,069,089▲217% | $2,470,673▲13.5% | $36,143,574▲1.7% | $36,143,574▲1.7% | 990PF |
| 2019 | $967,129▼91.7% | $2,176,735▲6400% | $35,545,158▲114% | $35,545,158▲114% | 990PF |
| 2015 | $11,602,829 | $33,489 | $16,580,396 | $16,580,396 | 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.
Similar organizations in Philanthropy
- Philanthropy
Katsujinken Foundation
Newark, DE
$0
annual revenue
- Philanthropy
Star Kids Inc
Hockessin, DE
$0
annual revenue
- Philanthropy
Melanie Ilene Rieger Memorial Foundation Inc
Ocean View, DE
$0
Fannual revenue
- Philanthropy
Jnan Prakash Narayan Sewa Samaj School Inc
Middletown, DE
$0
annual revenue
- Philanthropy
Delaware Seashore Parrot Head Club
Nassau, DE
$0
annual revenue
- Philanthropy
Prince of Piedmont Foundation
Wilmington, DE
$0
annual revenue
Philanthropy
Kiwanis Foundation of Rehoboth Beach Inc
Rehoboth Bch, DE
$0
Fannual revenue
Philanthropy
Horsey Family Youth Foundation Inc
Laurel, DE
$0
Bannual revenue
- Philanthropy
Middletown Odessa Rotary Club
Middletown, DE
$0
Cannual revenue
- Philanthropy
Society For Medical Care Improvement and Lasting Education-
Bear, DE
$0
annual revenue
Compare Tseng-rust Family Foundation
Frequently asked questions
- Is Tseng-rust Family Foundation a legitimate nonprofit?
- Yes. Tseng-rust Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-2340444, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Tseng-rust Family Foundation's EIN?
- Tseng-rust Family Foundation's Employer Identification Number (EIN) is 47-2340444.
- How much revenue does Tseng-rust Family Foundation report?
- Tseng-rust Family Foundation reported $18,209,015 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Tseng-rust Family Foundation have?
- CharityIndex grades Tseng-rust Family Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Wilmington
Explore more
Data for Tseng-rust Family Foundation (EIN 47-2340444) 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.