Walter & Marilyn Joy Samuels Charitable Fdtn Tr
Only null% goes to programs Strong reserves Growing revenue
Walter & Marilyn Joy Samuels Charitable Fdtn Tr is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2016, with $1,791,191 in FY2024 revenue. CharityIndex grades it C+.
Foundation Source 501 Silverside Rd, Wilmington, DE, 19809 EIN 35-7099888 Since 2016
Revenue (FY2024)
$1.8M
▲ 3.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.6M
Net assets
$6.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—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 Walter & Marilyn Joy Samuels Charitable Fdtn Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating47 mo reserves · +12% 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 Walter & Marilyn Joy Samuels Charitable Fdtn Tr: 47 mo reserves · +12% margin earns a A 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 Walter & Marilyn Joy Samuels Charitable Fdtn Tr— 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 Walter & Marilyn Joy Samuels Charitable Fdtn Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Foundation Source 501 Silverside Rd, Wilmington, DE, 19809
- City
- Wilmington
- State
- Delaware
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $1.0M (FY2015) to $1.8M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.2M
Operating margin
11.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.2M
Total liabilities
$0
Net assets
$6.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,791,191▲3.2% | $1,582,404▲1157% | $6,176,423▲3.5% | $6,176,423▲3.5% | 990PF |
| 2023 | $1,734,989▼50.4% | $125,905▼86.3% | $5,967,636▲36.9% | $5,967,636▲36.9% | 990PF |
| 2022 | $3,496,368▲234% | $918,301▲515% | $4,358,552▲145% | $4,358,552▲145% | 990PF |
| 2021 | $1,048,202▲1616% | $149,435▲8.8% | $1,780,485▲102% | $1,780,485▲102% | 990PF |
| 2020 | $61,085▼1.0% | $137,399▲55.3% | $881,718▼8.0% | $881,718▼8.0% | 990PF |
| 2019 | $61,713▲45.7% | $88,460▲107% | $958,032▼2.7% | $958,032▼2.7% | 990PF |
| 2018 | $42,349▲3.2% | $42,733▲4.8% | $984,779 | $984,779 | 990PF |
| 2017 | $41,022▲96.0% | $40,785▼26.8% | $985,163 | $985,163 | 990PF |
| 2016 | $20,931▼97.9% | $55,750 | $984,926▼3.4% | $984,926▼3.4% | 990PF |
| 2015 | $1,019,745 | $0 | $1,019,745 | $1,019,745 | 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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Frequently asked questions
- Is Walter & Marilyn Joy Samuels Charitable Fdtn Tr a legitimate nonprofit?
- Yes. Walter & Marilyn Joy Samuels Charitable Fdtn Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-7099888, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Walter & Marilyn Joy Samuels Charitable Fdtn Tr's EIN?
- Walter & Marilyn Joy Samuels Charitable Fdtn Tr's Employer Identification Number (EIN) is 35-7099888.
- How much revenue does Walter & Marilyn Joy Samuels Charitable Fdtn Tr report?
- Walter & Marilyn Joy Samuels Charitable Fdtn Tr reported $1,791,191 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Walter & Marilyn Joy Samuels Charitable Fdtn Tr have?
- CharityIndex grades Walter & Marilyn Joy Samuels Charitable Fdtn Tr C+, based on financial health (reserves and operating margin).
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Data for Walter & Marilyn Joy Samuels Charitable Fdtn Tr (EIN 35-7099888) 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.