Adelaide C Riggs Charitable Tr
EIN: 526740006 · Baltimore, MD · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $294K |
| Total Expenses | $107K |
| Net Assets | $1.2M |
Is Adelaide C Riggs Charitable Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Adelaide C Riggs Charitable Tr
Adelaide C Riggs Charitable Tr (EIN: 526740006) is a nonprofit organization based in Baltimore, MD, classified under NTEE code T22Z. The organization reported total revenue of $294K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Adelaide C Riggs Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Adelaide C Riggs Charitable Tr is a small nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $107K |
| Surplus / Deficit | $-11,501 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -12.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 136.0 months |
Financial Health Grade: B
In 2023, Adelaide C Riggs Charitable Tr reported a deficit of $12K with expenses exceeding revenue, holds 136.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Adelaide C Riggs Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.4% | -15.2% | -1.0% |
| 2022 | -40.5% | +18.0% | -2.5% |
| 2021 | +64.1% | +5.9% | +4.4% |
| 2020 | +11.5% | +10.2% | -0.3% |
| 2019 | -0.4% | +0.1% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Adelaide C Riggs Charitable Tr has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Adelaide C Riggs Charitable Tr with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Adelaide C Riggs Charitable Tr
Is Adelaide C Riggs Charitable Tr a legitimate charity?
Adelaide C Riggs Charitable Tr (EIN: 526740006) is a registered tax-exempt nonprofit based in Maryland. It has 10 years of IRS 990 filings on record. Total revenue: $294K. No red flags identified. Financial health grade: B.
How does Adelaide C Riggs Charitable Tr spend its money?
Adelaide C Riggs Charitable Tr reported $294K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Adelaide C Riggs Charitable Tr tax-deductible?
Adelaide C Riggs Charitable Tr is registered as a tax-exempt nonprofit (EIN: 526740006). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Adelaide C Riggs Charitable Tr located?
Adelaide C Riggs Charitable Tr is headquartered in Baltimore, Maryland and files with the IRS under EIN 526740006. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Adelaide C Riggs Charitable Tr have?
Adelaide C Riggs Charitable Tr has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $294K in total revenue.
Filing History
IRS 990 filing history for Adelaide C Riggs Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Adelaide C Riggs Charitable Tr's revenue has declined by 3.8%, moving from $99K to $95K. Total assets increased by 12.3% over the same period, from $1.1M to $1.2M. Total functional expenses rose by 51.7%, from $70K to $107K. In its most recent filing year (2023), Adelaide C Riggs Charitable Tr reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $107K | $1.2M | $1 | — | View 990 |
| 2022 | $95K | $126K | $1.2M | $1 | — | View 990 |
| 2021 | $159K | $106K | $1.3M | $1 | — | — |
| 2020 | $97K | $101K | $1.2M | $1 | — | — |
| 2019 | $87K | $91K | $1.2M | $1 | — | View 990 |
| 2015 | $87K | $91K | $1.2M | $1 | — | View 990 |
| 2014 | $126K | $89K | $1.2M | $1 | — | View 990 |
| 2013 | $140K | $81K | $1.1M | $1 | — | View 990 |
| 2012 | $93K | $79K | $1.1M | $1 | — | View 990 |
| 2011 | $99K | $70K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95K, expenses of $107K, and assets of $1.2M (revenue +0.4% year-over-year).
- 2022: Revenue of $95K, expenses of $126K, and assets of $1.2M (revenue -40.5% year-over-year).
- 2021: Revenue of $159K, expenses of $106K, and assets of $1.3M (revenue +64.1% year-over-year).
- 2020: Revenue of $97K, expenses of $101K, and assets of $1.2M (revenue +11.5% year-over-year).
- 2019: Revenue of $87K, expenses of $91K, and assets of $1.2M (revenue -0.4% year-over-year).
- 2015: Revenue of $87K, expenses of $91K, and assets of $1.2M (revenue -30.4% year-over-year).
- 2014: Revenue of $126K, expenses of $89K, and assets of $1.2M (revenue -10.1% year-over-year).
- 2013: Revenue of $140K, expenses of $81K, and assets of $1.1M (revenue +50.1% year-over-year).
- 2012: Revenue of $93K, expenses of $79K, and assets of $1.1M (revenue -5.9% year-over-year).
- 2011: Revenue of $99K, expenses of $70K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Adelaide C Riggs Charitable Tr:
Data Sources and Methodology
This transparency report for Adelaide C Riggs Charitable Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.