Philanthropy & Grantmaking (T12) IRS Verified DX Registered 990 on File

CORE FOUNDATION

EIN: 20-5997764 · RESTON, VA 20195-1631 · United States · FY 2024 Data

3 out of 5 53 / 100 Based on 2+ years of filings

Financial strength (30%) 79/100

Reliability (20%) 50/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

At CORE Foundation, we look for individuals who burn with desire to make a positive change on the world. We believe that the best way of doing that is by helping others help themselves—and giving those in need a hand up, not just a handout. We look for individuals with a business school brain, an entrepreneur’s spirit, and a social worker’s heart.

Financial Overview — FY 2024

$626K

Total Revenue

$603K

Total Expenses

$246K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 78.8%

Fundraising Efficiency N/A

Operating Reserve 4.89x

Liability-to-Asset 52.0%

Revenue Diversification 54.2%

Executive Compensation $71K

Compared with Peers

FY 2024

Compared with 16,645 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	78.8%	90.2%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	21.2%	7.9%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	4.9 mo	95.2 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	52.0%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	54.2%	90.4%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-7.4%	18.5%	P10P90
Expense growth Year over year expense growth	2.4%	6.7%	P10P90
Surplus margin Surplus as a share of revenue	3.7%	1.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$626K	$603K	$246K	78.8%	1
2023	$676K	$588K	$221K	70.8%	2
2022	$605K	$592K	$135K	71.2%	2
2021	$454K	$433K	N/A	—	2

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Organization Details

EIN: 20-5997764
State: VA
City: RESTON
ZIP: 20195-1631
Classification: T12
Category: Philanthropy & Grantmaking
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2007
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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