Wor-wic Community College Foundation
Only null% goes to programs Strong reserves Declining revenue
Wor-wic Community College Foundation is a 501(c)(3) organization based in Salisbury, Maryland, registered in 1983, with $1,458,215 in FY2024 revenue. CharityIndex grades it B.
32000 Campus Dr, Salisbury, MD, 21804 EIN 52-1264019 Since 1983
Revenue (FY2024)
$1.5M
▲ 11.9% vs prior year
Education median: $200K
Expenses (FY2024)
$1.4M
Net assets
$38.5M
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 Wor-wic Community College Foundation— 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 rating326 mo reserves · +3% 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 Wor-wic Community College Foundation: 326 mo reserves · +3% 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 Wor-wic Community College Foundation— 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 Wor-wic Community College Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 32000 Campus Dr, Salisbury, MD, 21804
- City
- Salisbury
- State
- Maryland
- Category
- Education
- Subcategory
- Colleges & Universities
- Website
- …
Financial trends
Revenue declined from $2.6M (FY2013) to $1.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $120KNet assets $38.5M
Operating margin
2.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$38.6M
Total liabilities
$120K
Net assets
$38.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,458,215▲11.9% | $1,419,264▲16.0% | $38,524,703▲9.0% | $38,644,905▲9.0% | 990 |
| 2023 | $1,303,109▲11.5% | $1,223,990▲14.6% | $35,349,487▲6.4% | $35,448,185▲5.9% | 990 |
| 2022 | $1,168,899▼83.5% | $1,068,160▲5.2% | $33,237,518▲11.5% | $33,474,183▲12.1% | 990 |
| 2021 | $7,083,670▲308% | $1,015,451▲8.9% | $29,801,212▲12.7% | $29,873,897▲12.4% | 990 |
| 2020 | $1,738,096▲55.7% | $932,160▲52.0% | $26,437,455▲51.2% | $26,580,822▲50.1% | 990 |
| 2019 | $1,116,087▲131% | $613,070▲12.7% | $17,489,407▲0.4% | $17,714,324▲0.9% | 990 |
| 2018 | $482,545▼77.9% | $544,190▼12.1% | $17,424,512▲1.4% | $17,558,544▲2.2% | 990 |
| 2017 | $2,184,933▲646% | $618,826▼3.0% | $17,184,669▲19.9% | $17,185,991▲19.8% | 990 |
| 2016 | $292,755▼24.0% | $637,828▼14.0% | $14,335,163▲7.8% | $14,339,626▲5.9% | 990 |
| 2015 | $385,212▲21.0% | $741,324▼7.5% | $13,296,905▼3.2% | $13,544,470▼3.5% | 990 |
| 2014 | $318,356▼87.6% | $801,007▲99.9% | $13,743,106▼3.8% | $14,035,146▼1.8% | 990 |
| 2013 | $2,563,256 | $400,650▲12.3% | $14,289,945▲34.3% | $14,295,807▲34.3% | 990 |
| 2012 | — | $356,615▲10.3% | $10,640,700▲37.6% | $10,648,120▲37.6% | 990 |
| 2011 | — | $323,440 | $7,731,828 | $7,740,585 | 990 |
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.
Grants received · $3.2M total
10 grants to Wor-wic Community College Foundation totaling $3.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $602,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $30,000 |
| Maryland Food Bank Inc | Food distribution | 2023 | $7,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $400,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $30,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $1,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $1,000,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2021 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2017 | $20,000 |
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Frequently asked questions
- Is Wor-wic Community College Foundation a legitimate nonprofit?
- Yes. Wor-wic Community College Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1264019, based in Salisbury, Maryland. Donations are tax-deductible.
- What is Wor-wic Community College Foundation's EIN?
- Wor-wic Community College Foundation's Employer Identification Number (EIN) is 52-1264019.
- How much revenue does Wor-wic Community College Foundation report?
- Wor-wic Community College Foundation reported $1,458,215 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Wor-wic Community College Foundation have?
- CharityIndex grades Wor-wic Community College Foundation B, based on financial health (reserves and operating margin).
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Data for Wor-wic Community College Foundation (EIN 52-1264019) 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.