William G Mcgowan Charitable Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
William G Mcgowan Charitable Fund is a 501(c)(3) organization based in Chicago, Illinois, registered in 1993, with $9,493,768 in FY2023 revenue. CharityIndex grades it B.
30 S Wacker Dr Ste 3825, Chicago, IL, 60606 EIN 52-1829785 Since 1993
Revenue (FY2023)
$9.5M
▲ 99.5% vs prior year
Expenses (FY2023)
$8.4M
Net assets
$216.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 William G Mcgowan Charitable Fund— 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 rating310 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 William G Mcgowan Charitable Fund: 310 mo reserves · +12% 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 William G Mcgowan Charitable Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 William G Mcgowan Charitable Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $13.8M (FY2020) to $9.5M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $224KNet assets $216.5M
Operating margin
11.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$216.7M
Total liabilities
$224K
Net assets
$216.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,493,768▲99.5% | $8,377,066▼14.1% | $216,458,633▲6.2% | $216,682,198▲5.4% | 990PF |
| 2022 | $4,758,244▼73.5% | $9,746,465▲10.4% | $203,768,313▲4.6% | $205,649,544▲3.8% | 990PF |
| 2021 | $17,967,219▲29.8% | $8,826,588▼19.0% | $194,744,399▲25.6% | $198,032,018▲25.5% | 990PF |
| 2020 | $13,837,710 | $10,899,184 | $155,034,889 | $157,817,188 | 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 William G Mcgowan Charitable Fund a legitimate nonprofit?
- Yes. William G Mcgowan Charitable Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1829785, based in Chicago, Illinois. Donations are tax-deductible.
- What is William G Mcgowan Charitable Fund's EIN?
- William G Mcgowan Charitable Fund's Employer Identification Number (EIN) is 52-1829785.
- How much revenue does William G Mcgowan Charitable Fund report?
- William G Mcgowan Charitable Fund reported $9,493,768 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does William G Mcgowan Charitable Fund have?
- CharityIndex grades William G Mcgowan Charitable Fund B, based on financial health (reserves and operating margin).
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Data for William G Mcgowan Charitable Fund (EIN 52-1829785) 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.