Nonprofit · EIN 62-1578268
HOMER SKELTON CHARITABLE FOUNDATION
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $40,248,188 | $950,413 | $39,297,775 | $58,250,620 | $0 | $58,250,620 |
| December 31, 2023 | 990-PF | $12,904,544 | $1,770,646 | $11,133,898 | $18,952,845 | $0 | $18,952,845 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $38,000,000
- Dividends
- $156,000
- Interest
- $2,092,188
Expenses
- Grants and similar amounts paid
- $901,531
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $926,963
- Excise tax on investment income
- $31,249
Balance sheet and other
- Total assets, start of year
- $18,952,845
- Total assets, end of year
- $58,250,620
- Total liabilities, end of year
- $0
- Net assets, end of year
- $58,250,620
- Fair market value of assets
- $57,816,620
- Qualifying distributions
- $926,963
- Net investment income
- $2,248,188
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michelle Chapman Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Dorothy Maki Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Catherine Skelton Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michelle Chapman Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Dorothy Maki Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
| Catherine Skelton Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- Michelle Chapman, Trustee
- Phone
- (800) 839-1754
- Return prepared by
- Foundation Source
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 62-1578268
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $58,250,620
- Income (IRS master file)
- $40,248,188
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $40,248,188 | $950,413 | $58,250,620 | IRS |
| 990-PF | December 2023 | $12,904,544 | $1,770,646 | $18,952,845 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1578268).
Questions about HOMER SKELTON CHARITABLE FOUNDATION
- What is the EIN of HOMER SKELTON CHARITABLE FOUNDATION?
- The employer identification number (EIN) of HOMER SKELTON CHARITABLE FOUNDATION is 62-1578268.
- Is HOMER SKELTON CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to HOMER SKELTON CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HOMER SKELTON CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HOMER SKELTON CHARITABLE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOMER SKELTON CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of HOMER SKELTON CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does HOMER SKELTON CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $40,248,188, expenses of $950,413 and total assets of $58,250,620 at year end.
Other nonprofits in WILMINGTON
- ODYSSEY CHARTER SCHOOL INCORPORATED EIN 20-1787299 · last filed 990 for 2025
- TOWER HILL SCHOOL EIN 51-0065745 · last filed 990 for 2025
- GOLDEY BEACOM COLLEGE INC EIN 51-0109178 · last filed 990 for 2025
- LEE INC EIN 20-8848357 · last filed 990 for 2024
- UNIVERSITY OF THE PEOPLE EIN 26-4078735 · last filed 990 for 2025
- TATNALL SCHOOL INC EIN 51-0071443 · last filed 990 for 2025
- KUUMBA ACADEMY CHARTER SCHOOL INC EIN 51-0399911 · last filed 990 for 2025
- EAST SIDE CHARTER SCHOOL OF WILMINGTON INC EIN 51-0377733 · last filed 990 for 2025