Carroll & Charlotte Weinberg Foundation
EIN: 521679498 · Baltimore, MD
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $810K |
| Net Assets | $15.4M |
Is Carroll & Charlotte Weinberg Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carroll & Charlotte Weinberg Foundation
Carroll & Charlotte Weinberg Foundation (EIN: 521679498) is a nonprofit organization based in Baltimore, MD. The organization reported total revenue of $2.6M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carroll & Charlotte Weinberg Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carroll & Charlotte Weinberg Foundation is a mid-size nonprofit that has been operating for 36 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 26.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $810K |
| Surplus / Deficit | +$943K |
| Total Assets | $15.4M |
| Total Liabilities | $1 |
| Net Assets | $15.4M |
| Operating Margin | 53.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 228.5 months |
Financial Health Grade: A
In 2024, Carroll & Charlotte Weinberg Foundation reported a surplus of $943K with revenue exceeding expenses, holds 228.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Carroll & Charlotte Weinberg Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.0% | -14.3% | +6.5% |
| 2023 | -22.9% | +59.5% | +9.6% |
| 2022 | +43.9% | +117.6% | +20.9% |
| 2021 | +23.3% | -42.6% | +18.7% |
| 2020 | -5.9% | -13.3% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carroll & Charlotte Weinberg Foundation 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 Carroll & Charlotte Weinberg Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $943K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Carroll & Charlotte Weinberg Foundation
Is Carroll & Charlotte Weinberg Foundation a legitimate charity?
Carroll & Charlotte Weinberg Foundation (EIN: 521679498) is a registered tax-exempt nonprofit based in Maryland. It has 11 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. Financial health grade: A.
How does Carroll & Charlotte Weinberg Foundation spend its money?
Carroll & Charlotte Weinberg Foundation reported $2.6M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carroll & Charlotte Weinberg Foundation tax-deductible?
Carroll & Charlotte Weinberg Foundation is registered as a tax-exempt nonprofit (EIN: 521679498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carroll & Charlotte Weinberg Foundation located?
Carroll & Charlotte Weinberg Foundation is headquartered in Baltimore, Maryland and files with the IRS under EIN 521679498.
How many years of IRS 990 filings does Carroll & Charlotte Weinberg Foundation have?
Carroll & Charlotte Weinberg Foundation has 11 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Carroll & Charlotte Weinberg Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Carroll & Charlotte Weinberg Foundation's revenue has grown by 1637.5%, moving from $101K to $1.8M. Total assets increased by 8577.3% over the same period, from $178K to $15.4M. Total functional expenses rose by 746.3%, from $96K to $810K. In its most recent filing year (2024), Carroll & Charlotte Weinberg Foundation reported a surplus of $943K, with revenue exceeding expenses. The organization holds $1 in liabilities against $15.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $810K | $15.4M | $1 | — | — |
| 2023 | $2.2M | $945K | $14.5M | $1 | — | View 990 |
| 2022 | $2.9M | $593K | $13.2M | $1 | — | View 990 |
| 2021 | $2.0M | $272K | $10.9M | $1 | — | — |
| 2020 | $1.6M | $474K | $9.2M | $3K | — | View 990 |
| 2019 | $1.7M | $547K | $8.1M | $1 | — | View 990 |
| 2016 | $3.5M | $295K | $4.4M | $1 | — | View 990 |
| 2015 | $677K | $241K | $1.1M | $1 | — | View 990 |
| 2014 | $644K | $200K | $706K | $1 | — | View 990 |
| 2013 | $244K | $158K | $263K | $1 | — | View 990 |
| 2012 | $101K | $96K | $178K | $40 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.8M, expenses of $810K, and assets of $15.4M (revenue -21.0% year-over-year).
- 2023: Revenue of $2.2M, expenses of $945K, and assets of $14.5M (revenue -22.9% year-over-year).
- 2022: Revenue of $2.9M, expenses of $593K, and assets of $13.2M (revenue +43.9% year-over-year).
- 2021: Revenue of $2.0M, expenses of $272K, and assets of $10.9M (revenue +23.3% year-over-year).
- 2020: Revenue of $1.6M, expenses of $474K, and assets of $9.2M (revenue -5.9% year-over-year).
- 2019: Revenue of $1.7M, expenses of $547K, and assets of $8.1M (revenue -51.1% year-over-year).
- 2016: Revenue of $3.5M, expenses of $295K, and assets of $4.4M (revenue +420.5% year-over-year).
- 2015: Revenue of $677K, expenses of $241K, and assets of $1.1M (revenue +5.1% year-over-year).
- 2014: Revenue of $644K, expenses of $200K, and assets of $706K (revenue +164.2% year-over-year).
- 2013: Revenue of $244K, expenses of $158K, and assets of $263K (revenue +141.4% year-over-year).
- 2012: Revenue of $101K, expenses of $96K, and assets of $178K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carroll & Charlotte Weinberg Foundation:
Data Sources and Methodology
This transparency report for Carroll & Charlotte Weinberg Foundation 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.