Willow Grove Mill Section 2 Homeowners Association Inc is a 501(c)(4) organization based in Middletown, Delaware, registered in 2016, with $27,203 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$27K
▲ 36.1% vs prior year
Housing median: $408K
Expenses (FY2024)
$21K
Net assets
$44K
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 Willow Grove Mill Section 2 Homeowners Association 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 Willow Grove Mill Section 2 Homeowners Association Inc: 25 mo reserves · +24% 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 Willow Grove Mill Section 2 Homeowners Association 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 Willow Grove Mill Section 2 Homeowners Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $30K (FY2017) to $27K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
24.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$44K
Net assets
$44K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $27,203▲36.1% | $20,675▲58.5% | $43,792▲17.5% | $43,792▲17.5% | 990EZ |
| 2023 | $19,983▼4.1% | $13,043▼41.1% | $37,264▲22.9% | $37,264▲22.9% | 990EZ |
| 2022 | $20,837▼5.9% | $22,127▲0.4% | $30,324▼4.1% | $30,324▼4.1% | 990EZ |
| 2021 | $22,133▲3.3% | $22,040▲7.9% | $31,614▲0.3% | $31,614▲0.3% | 990EZ |
| 2020 | $21,422▼24.6% | $20,430▼4.8% | $31,521▲3.2% | $31,521▲3.2% | 990EZ |
| 2019 | $28,394▲19.7% | $21,467▲30.8% | $30,529▲29.3% | $30,529▲29.3% | 990EZ |
| 2018 | $23,720▼19.7% | $16,407▼54.2% | $23,602▲44.9% | $23,602▲44.9% | 990EZ |
| 2017 | $29,540 | $35,836 | $16,289 | $16,289 | 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.
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Data for Willow Grove Mill Section 2 Homeowners Association Inc (EIN 47-5552882) 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.