Milton G Hulme Charitable Foundation
EIN: 256062896 · Pittsburgh, PA
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $811K |
| Net Assets | $5.3M |
Is Milton G Hulme Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Milton G Hulme Charitable Foundation
Milton G Hulme Charitable Foundation (EIN: 256062896) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $1.1M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milton G Hulme Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milton G Hulme Charitable Foundation is a mid-size nonprofit that has been operating for 65 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $480K |
| Total Expenses | $811K |
| Surplus / Deficit | $-331,026 |
| Total Assets | $5.3M |
| Total Liabilities | $2K |
| Net Assets | $5.3M |
| Operating Margin | -69.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 77.9 months |
Financial Health Grade: B
In 2023, Milton G Hulme Charitable Foundation reported a deficit of $331K with expenses exceeding revenue, holds 77.9 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), Milton G Hulme Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -7.6% | -5.9% |
| 2022 | +0.3% | +27.0% | -6.5% |
| 2021 | +3.8% | -0.6% | -3.2% |
| 2020 | -20.1% | -1.2% | -3.5% |
| 2019 | -27.2% | +19.9% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milton G Hulme Charitable 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 Milton G Hulme Charitable 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $331K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Milton G Hulme Charitable Foundation
Is Milton G Hulme Charitable Foundation a legitimate charity?
Milton G Hulme Charitable Foundation (EIN: 256062896) is a registered tax-exempt nonprofit based in Pennsylvania. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: B.
How does Milton G Hulme Charitable Foundation spend its money?
Milton G Hulme Charitable Foundation reported $1.1M 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 Milton G Hulme Charitable Foundation tax-deductible?
Milton G Hulme Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 256062896). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milton G Hulme Charitable Foundation located?
Milton G Hulme Charitable Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 256062896.
How many years of IRS 990 filings does Milton G Hulme Charitable Foundation have?
Milton G Hulme Charitable Foundation 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Milton G Hulme Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Milton G Hulme Charitable Foundation's revenue has declined by 8.5%, moving from $525K to $480K. Total assets decreased by 18.2% over the same period, from $6.4M to $5.3M. Total functional expenses rose by 55.4%, from $522K to $811K. In its most recent filing year (2023), Milton G Hulme Charitable Foundation reported a deficit of $331K, with expenses exceeding revenue. The organization holds $2K in liabilities against $5.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $480K | $811K | $5.3M | $2K | — | — |
| 2022 | $491K | $878K | $5.6M | $2K | — | View 990 |
| 2021 | $490K | $691K | $6.0M | $3K | — | View 990 |
| 2020 | $472K | $695K | $6.2M | $3K | — | — |
| 2019 | $591K | $703K | $6.4M | $2K | — | View 990 |
| 2015 | $812K | $586K | $6.7M | $2K | — | View 990 |
| 2014 | $566K | $605K | $6.5M | $2K | — | View 990 |
| 2013 | $745K | $574K | $6.5M | $2K | — | View 990 |
| 2012 | $448K | $531K | $6.3M | $1K | — | View 990 |
| 2011 | $525K | $522K | $6.4M | $901 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $480K, expenses of $811K, and assets of $5.3M (revenue -2.3% year-over-year).
- 2022: Revenue of $491K, expenses of $878K, and assets of $5.6M (revenue +0.3% year-over-year).
- 2021: Revenue of $490K, expenses of $691K, and assets of $6.0M (revenue +3.8% year-over-year).
- 2020: Revenue of $472K, expenses of $695K, and assets of $6.2M (revenue -20.1% year-over-year).
- 2019: Revenue of $591K, expenses of $703K, and assets of $6.4M (revenue -27.2% year-over-year).
- 2015: Revenue of $812K, expenses of $586K, and assets of $6.7M (revenue +43.5% year-over-year).
- 2014: Revenue of $566K, expenses of $605K, and assets of $6.5M (revenue -24.0% year-over-year).
- 2013: Revenue of $745K, expenses of $574K, and assets of $6.5M (revenue +66.1% year-over-year).
- 2012: Revenue of $448K, expenses of $531K, and assets of $6.3M (revenue -14.5% year-over-year).
- 2011: Revenue of $525K, expenses of $522K, and assets of $6.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milton G Hulme Charitable Foundation:
Data Sources and Methodology
This transparency report for Milton G Hulme Charitable 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.