Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1974, with $6,763 in FY2023 revenue. CharityIndex grades it C+.
5701 Kennett Pike No 100, Wilmington, DE, 19807 EIN 23-7337255 Since 1974
Revenue (FY2023)
$6,763
▲ 7.0% vs prior year
Expenses (FY2023)
$3,885
Net assets
$496K
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 Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine— 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 rating1531 mo reserves · +43% 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 S Carpenter Jr Trust Fbo Delaware Academy of Medicine: 1531 mo reserves · +43% 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 Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine— 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 S Carpenter Jr Trust Fbo Delaware Academy of Medicine: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5701 Kennett Pike No 100, Wilmington, DE, 19807
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $7,196 (FY2011) to $6,763 (FY2023) across 12 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $496K
Operating margin
42.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$496K
Total liabilities
$0
Net assets
$496K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $6,763▲7.0% | $3,885▼75.4% | $495,541▲0.9% | $495,541▲0.9% | 990 |
| 2022 | $6,319▼71.0% | $15,776▼59.9% | $491,072▼2.4% | $491,072▼2.4% | 990 |
| 2021 | $21,766▲186% | $39,298▲158% | $502,975▲1.7% | $502,975▲1.7% | 990 |
| 2020 | $7,613▼56.7% | $15,249▼58.0% | $494,516▲24.5% | $494,516▲24.5% | 990 |
| 2019 | $17,591▼77.1% | $36,335▲0.3% | $397,135▼4.5% | $397,135▼4.5% | 990 |
| 2018 | $76,884▲50.2% | $36,215▲4.3% | $415,942▲10.6% | $415,942▲10.6% | 990 |
| 2017 | $51,178▲197% | $34,711▲1511% | $375,931▲4.6% | $375,931▲4.6% | 990 |
| 2016 | $17,232▲191367% | $2,154▼31.7% | $359,360▲4.4% | $359,360▲2.5% | 990 |
| 2015 | $9▲50.0% | $3,156▼46.3% | $344,281▼0.9% | $350,754▲1.0% | 990 |
| 2014 | $6▼100.0% | $5,872▲14.8% | $347,428▲16.3% | $347,428▲16.3% | 990 |
| 2012 | $18,456▲156% | $5,115▼81.7% | $298,665▲0.4% | $298,665▲0.4% | 990EZ |
| 2011 | $7,196 | $27,905 | $297,461 | $297,461 | 990EZ |
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 Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine a legitimate nonprofit?
- Yes. Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7337255, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine's EIN?
- Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine's Employer Identification Number (EIN) is 23-7337255.
- How much revenue does Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine report?
- Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine reported $6,763 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine have?
- CharityIndex grades Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine C+, based on financial health (reserves and operating margin).
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Data for Walter S Carpenter Jr Trust Fbo Delaware Academy of Medicine (EIN 23-7337255) 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.