Updike Kelly & Spellacy Charitable Foundation Inc is a 501(c)(3) organization based in Hartford, Connecticut, registered in 1995, with $69,000 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$69K
Philanthropy median: $168K
Expenses (FY2024)
$19K
Net assets
$62K
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 Updike Kelly & Spellacy Charitable Foundation Inc— 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 Updike Kelly & Spellacy Charitable Foundation Inc: 40 mo reserves · +73% 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 Updike Kelly & Spellacy Charitable Foundation Inc— 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 Updike Kelly & Spellacy Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $35K (FY2013) to $69K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
73.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$62K
Total liabilities
$0
Net assets
$62K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $69,000 | $18,610▲203% | $62,030▲433% | $62,030▲433% | 990PF |
| 2023 | $0 | $6,150▲892% | $11,640▼34.6% | $11,640▼34.6% | 990PF |
| 2022 | $0 | $620▼87.6% | $17,790▼3.4% | $17,790▼3.4% | 990PF |
| 2021 | $0 | $5,000▲11.7% | $18,410▼21.4% | $18,410▼21.4% | 990PF |
| 2020 | $0▼100% | $4,475▼85.6% | $23,410▼16.0% | $23,410▼16.0% | 990PF |
| 2019 | $45,000▲50.0% | $31,140▼41.7% | $27,885▲98.8% | $27,885▲98.8% | 990PF |
| 2018 | $30,000▼58.6% | $53,410▲42.4% | $14,025▼62.5% | $14,025▼62.5% | 990PF |
| 2017 | $72,500▲11.5% | $37,502▼42.0% | $37,435▲1436% | $37,435▲1436% | 990PF |
| 2016 | $65,000▲30.0% | $64,608▲22.1% | $2,437▲19.2% | $2,437▲19.2% | 990PF |
| 2015 | $50,000▲108% | $52,900▲81.8% | $2,045▼58.6% | $2,045▼58.6% | 990PF |
| 2014 | $24,000▼30.4% | $29,100▼28.1% | $4,945▼50.8% | $4,945▼50.8% | 990PF |
| 2013 | $34,500 | $40,460▲11.7% | $10,045▼37.2% | $10,045▼37.2% | 990PF |
| 2012 | — | $36,220▲14.3% | $16,005▼1.4% | $16,005▼1.4% | 990PF |
| 2011 | — | $31,690▼17.2% | $16,225▲58.8% | $16,225▲58.8% | 990PF |
| 2010 | — | $38,278 | $10,215 | $10,215 | 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 Updike Kelly & Spellacy Charitable Foundation Inc (EIN 06-1409387) 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.