C D Spangler Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
C D Spangler Foundation Inc is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 1960, with $84,541,335 in FY2023 revenue. CharityIndex grades it C+.
Po Box 36007, Charlotte, NC, 28236 EIN 56-6061548 Since 1960
Revenue (FY2023)
$84.5M
▲ 114.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$25.3M
Net assets
$522.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 C D Spangler Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating248 mo reserves · +70% margin
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 C D Spangler Foundation Inc: 248 mo reserves · +70% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 C D Spangler Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 C D Spangler Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 36007, Charlotte, NC, 28236
- City
- Charlotte
- State
- North Carolina
- Subcategory
- Private Foundations
- Phone
- …
Financial trends
Revenue grew from $65.8M (FY2020) to $84.5M (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.7MNet assets $522.3M
Operating margin
70.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$525.1M
Total liabilities
$2.7M
Net assets
$522.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $84,541,335▲115% | $25,305,306▼2.3% | $522,336,351▲12.3% | $525,081,380▲12.4% | 990PF |
| 2022 | $39,402,450▲13.6% | $25,890,365▲34.4% | $464,929,580▼14.6% | $467,156,525▼14.7% | 990PF |
| 2021 | $34,692,558▼47.3% | $19,265,846▲5.7% | $544,455,864▲21.7% | $547,764,463▲21.8% | 990PF |
| 2020 | $65,837,239 | $18,225,789 | $447,388,349 | $449,542,357 | 990PF |
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.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Abigail R Spangler | Director/pres | 0 | — |
| Anna Spangler Nelson | Vp/director | 0 | — |
| Cindy L Marr | Vp/asst Sec | 0 | — |
| Meghan G Ellis | Vp/asst Sec | 0 | — |
| Meredith R Spangler | Chairman | 0 | — |
| W D Cornwell Jr | Vp/sec/tr/dir | 0 | — |
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Frequently asked questions
- Is C D Spangler Foundation Inc a legitimate nonprofit?
- Yes. C D Spangler Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6061548, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is C D Spangler Foundation Inc's EIN?
- C D Spangler Foundation Inc's Employer Identification Number (EIN) is 56-6061548.
- How much revenue does C D Spangler Foundation Inc report?
- C D Spangler Foundation Inc reported $84,541,335 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does C D Spangler Foundation Inc have?
- CharityIndex grades C D Spangler Foundation Inc C+, based on financial health (reserves and operating margin).
- How much does C D Spangler Foundation Inc's highest-paid employee make?
- The highest reported compensation on C D Spangler Foundation Inc's latest Form 990 is $0, paid to Abigail R Spangler (Director/pres).
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Data for C D Spangler Foundation Inc (EIN 56-6061548) 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.