Babcock Charitable Trust
EIN: 256035161 · Wilmington, DE
| Metric | Value |
|---|---|
| Total Revenue | $11.6M |
| Total Expenses | $3.9M |
| Net Assets | $53K |
Is Babcock Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Babcock Charitable Trust
Babcock Charitable Trust (EIN: 256035161) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $11.6M and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Babcock Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Babcock Charitable Trust is a large nonprofit that has been operating for 63 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 57.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-1,196,908 |
| Total Assets | $53K |
| Total Liabilities | $1 |
| Net Assets | $53K |
| Operating Margin | -44.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2020, Babcock Charitable Trust reported a deficit of $1.2M with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Babcock Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 57.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +735.0% | +543.8% | -98.5% |
| 2019 | -2.2% | +125.7% | -10.5% |
| 2015 | +13.1% | +3.1% | +1.6% |
| 2014 | +57.2% | +13.8% | +0.9% |
| 2013 | +17.2% | +6.6% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Babcock Charitable Trust 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 Babcock Charitable Trust 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Babcock Charitable Trust
Is Babcock Charitable Trust a legitimate charity?
Babcock Charitable Trust (EIN: 256035161) is a registered tax-exempt nonprofit based in Delaware. It has 7 years of IRS 990 filings on record. Total revenue: $11.6M. No red flags identified. Financial health grade: C.
How does Babcock Charitable Trust spend its money?
Babcock Charitable Trust reported $11.6M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Babcock Charitable Trust tax-deductible?
Babcock Charitable Trust is registered as a tax-exempt nonprofit (EIN: 256035161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Babcock Charitable Trust located?
Babcock Charitable Trust is headquartered in Wilmington, Delaware and files with the IRS under EIN 256035161.
How many years of IRS 990 filings does Babcock Charitable Trust have?
Babcock Charitable Trust has 7 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 $11.6M in total revenue.
Filing History
IRS 990 filing history for Babcock Charitable Trust showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Babcock Charitable Trust's revenue has grown by 5794.1%, moving from $46K to $2.7M. Total assets decreased by 98.6% over the same period, from $3.9M to $53K. Total functional expenses rose by 1614.4%, from $228K to $3.9M. In its most recent filing year (2020), Babcock Charitable Trust reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $53K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2.7M | $3.9M | $53K | $1 | — | View 990 |
| 2019 | $324K | $606K | $3.5M | $0 | — | View 990 |
| 2015 | $331K | $268K | $3.9M | $0 | — | View 990 |
| 2014 | $293K | $260K | $3.8M | $0 | — | View 990 |
| 2013 | $186K | $229K | $3.8M | $0 | — | View 990 |
| 2012 | $159K | $215K | $3.8M | $0 | — | View 990 |
| 2011 | $46K | $228K | $3.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2.7M, expenses of $3.9M, and assets of $53K (revenue +735.0% year-over-year).
- 2019: Revenue of $324K, expenses of $606K, and assets of $3.5M (revenue -2.2% year-over-year).
- 2015: Revenue of $331K, expenses of $268K, and assets of $3.9M (revenue +13.1% year-over-year).
- 2014: Revenue of $293K, expenses of $260K, and assets of $3.8M (revenue +57.2% year-over-year).
- 2013: Revenue of $186K, expenses of $229K, and assets of $3.8M (revenue +17.2% year-over-year).
- 2012: Revenue of $159K, expenses of $215K, and assets of $3.8M (revenue +246.5% year-over-year).
- 2011: Revenue of $46K, expenses of $228K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Babcock Charitable Trust:
Data Sources and Methodology
This transparency report for Babcock Charitable Trust 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.