Merlin Charitable Foundation

Nonprofit profile at a glance

EIN
464351193
IRS 990-PF coverage
2015–2025
Forms available
Form 990-PF 2025
Location
Waltham, MA, USA
Phone
7817889388
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Reported finances

Revenue
$194,065
Expenses
$32,914

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

What it reported funding in 2025

The foundation reported 10 grants totaling $32,000. The stated grant purposes included provide healthcare in war-torn nations, womens healthcare overseas, and purchase of bed nets for affected areas, plus 7 other reported purposes.

Operating model

Revenue model
Donor-supported. 90% of the foundation's positive operating resources came from contributions.
Distribution model
Direct operator. The foundation carried out 100% of its reported charitable disbursements directly.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

MIXED - The filing identifies who received its grants and a large share of spending goes to grants. A relatively small share of available resources goes to charitable grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 4
  • Cost Efficiency: 97
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 38

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 3.6%; rating input score 4; 3rd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 97.2%; rating input score 97; 89th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 12.93; rating input score 38; 38th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 3.6% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: Filed self-dealing detail
  • Investments: 38th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Grant Deployment: Grant deployment ratio scored 4/100.
  • Moderate — Endowment Health: Endowment-health comparison scored 38/100.