Ben M Cart Foundation is a 501(c)(3) organization based in Spartanburg, South Carolina, registered in 2014, with $15,638 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$16K
▲ 16.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$19K
Net assets
$842K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Ben M Cart Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ben M Cart Foundation: 533 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Ben M Cart Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ben M Cart Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $645K (FY2014) to $16K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-21.2%
Spent more than it raised in the latest fiscal year.
Total assets
$842K
Total liabilities
$0
Net assets
$842K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,638▲16.7% | $18,960▲13.0% | $841,985▲8.8% | $841,985▲8.8% | 990 |
| 2023 | $13,399▲12.5% | $16,775▼10.2% | $773,981▲10.2% | $773,981▲10.2% | 990 |
| 2022 | $11,914▲18.2% | $18,675▼14.9% | $702,340▼14.3% | $702,340▼14.3% | 990 |
| 2021 | $10,080▲11.5% | $21,942▲26.2% | $819,427▲7.8% | $819,427▲7.8% | 990 |
| 2020 | $9,044▼7.6% | $17,385▲2.6% | $759,946▲8.8% | $759,946▲8.8% | 990 |
| 2019 | $9,792▼31.4% | $16,945▼22.8% | $698,607▲14.5% | $698,607▲14.5% | 990 |
| 2018 | $14,269▲61.3% | $21,941▲55.9% | $610,185▼8.4% | $610,185▼8.4% | 990 |
| 2017 | $8,847▲0.3% | $14,071▼5.3% | $665,969▲10.7% | $665,969▲10.7% | 990 |
| 2016 | $8,819▼15.2% | $14,864▼18.7% | $601,569▲2.9% | $601,569▲2.9% | 990 |
| 2015 | $10,396▼98.4% | $18,274▼32.9% | $584,891▼5.1% | $584,891▼5.1% | 990 |
| 2014 | $645,037 | $27,243 | $616,135 | $616,135 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Ben M Cart Foundation (EIN 46-1035516) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.