Car Donation Foundation is a 501(c)(3) organization based in St Louis Park, Minnesota, registered in 2009, with $56,238,965 in FY2024 revenue. CharityIndex grades it C, and it directs about 29% of spending to programs.
Revenue (FY2024)
$56.2M
▲ 6.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$56.6M
Net assets
$7.2M
Employees
1
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. For Car Donation Foundation: 29% to programs · $54 to raise $100 earns a F on this criterion. 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 Car Donation Foundation: 2 mo reserves · -1% margin earns a B 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. For Car Donation Foundation: 6 of 6 checks met earns a A+ on this criterion. 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 Car Donation Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Financially support charitable organizations through motor vehicle & other property donations.
Revenue grew from $30.9M (FY2013) to $56.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$11.3M
Total liabilities
$4.1M
Net assets
$7.2M
Salaries & benefits
$318K
1% of expenses
Board members
5
5 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,238,965▲6.4% | $56,574,816▲7.0% | $7,191,248▼4.5% | $11,287,774▼3.4% | 990 |
| 2023 | $52,879,022▲0.7% | $52,897,093▼1.2% | $7,527,099▼0.2% | $11,683,472▲4.5% | 990 |
| 2022 | $52,494,113▼20.1% | $53,522,866▼15.7% | $7,545,170▼12.0% | $11,184,528▼12.8% | 990 |
| 2021 | $65,728,159▲33.7% | $63,461,586▲36.8% | $8,573,923▲35.9% | $12,821,701▲21.1% | 990 |
| 2020 | $49,162,961▲19.1% | $46,385,396▲10.5% | $6,307,350▲78.7% | $10,591,554▲50.3% | 990 |
| 2019 | $41,289,062▲4.5% | $41,976,458▲6.8% | $3,529,785▼16.3% | $7,046,311▼13.1% | 990 |
| 2018 | $39,520,623▲20.7% | $39,293,044▲23.4% | $4,217,181▲5.7% | $8,107,966▲6.4% | 990 |
| 2017 | $32,738,291▲16.2% | $31,851,594▲20.5% | $3,989,602▼18.2% | $7,622,950▲12.6% | 990 |
| 2016 | $28,164,293▲5.0% | $26,421,934▼3.3% | $4,880,019▲55.5% | $6,768,634▲32.6% | 990 |
| 2015 | $26,822,300▼28.1% | $27,331,718▼25.1% | $3,137,660▼14.0% | $5,105,471▼22.0% | 990 |
| 2014 | $37,305,950▲20.8% | $36,476,949▲18.7% | $3,647,079▲29.4% | $6,546,607▲59.5% | 990 |
| 2013 | $30,879,718 | $30,738,547▲19.5% | $2,818,078▲2561989% | $4,103,742▼21.7% | 990 |
| 2012 | — | $25,724,026▲257% | -$110 | $5,241,106▲22.5% | 990 |
| 2011 | — | $7,213,119▲444% | -$110▲78.4% | $4,277,800▲307% | 990 |
| 2010 | — | $1,325,730 | -$510 | $1,052,348 | 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.
Highest-paid: Loren Dorshow — $280,000 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Loren Dorshow | Executive Director | 40 | $280,000 |
| Anne Veach | Secretary | 1 | — |
| Karinne Tarshish | Director | 1 | — |
| Lee Orwig | President | 1 | — |
| Mark Karon | Director | 1 | — |
| Matt Rosenberg | Director | 1 | — |
| Roger Gershin | Treasurer | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| National Fundraising Management | Management Services | $20,978,503 |
| Craig D Greenberg | Legal | $150,000 |
4 grants to Car Donation Foundation totaling $30K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2022 | $7,942 |
| Riverside Healthcare Association Inc | Make-a-wish | 2021 | $9,125 |
| American Online Giving Foundation Inc | General support | 2020 | $6,498 |
| American Online Giving Foundation Inc | General support | 2020 | $6,498 |
91 grants totaling $16.5M in FY2024 — showing the 15 largest. All grants made by Car Donation Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Make A Wish Foundation of Greater Bay Area | General support | $605,027 |
| Wear Blue Run To Remember | General support | $451,207 |
| Oscar Mike Foundation | General support | $451,207 |
| Americas Warrior Partnership Inc | General support | $451,207 |
| Veterans Airlift Command Foundation | General support | $451,207 |
| Operation Gratitude Inc | General support | $445,706 |
| Bob Woodruff Family Foundation Inc | General support | $445,706 |
| Semper Fi & Americas Fund | General support | $445,706 |
| Tragedy Assistance Program For Survivors | General support | $445,706 |
| Military Spouse Advocacy Network | General support | $445,706 |
| Intrepid Fallen Heroes Fund | General support | $445,706 |
| K9s For Warriors Inc | General support | $445,706 |
| Gary Sinise Foundation | General support | $432,324 |
| Team Red White & Blue Inc | General support | $424,608 |
| Hope For the Warriors | General support | $424,608 |
Explore more
Data for Car Donation Foundation (EIN 26-3408048) 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.