Channing-murray Foundation is a 501(c)(3) organization based in Urbana, Illinois, registered in 1968, with $295,522 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$296K
▲ 55.7% vs prior year
Religion median: $139K
Expenses (FY2023)
$227K
Net assets
$347K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
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. Not scored for Channing-murray 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 Channing-murray Foundation: 18 mo reserves · +23% margin earns a A 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 Channing-murray 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 Channing-murray Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $118K (FY2020) to $296K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
23.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$352K
Total liabilities
$4,376
Net assets
$347K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $295,522▲55.7% | $227,334▲10.4% | $347,460▲17.5% | $351,836▲16.5% | 990 |
| 2022 | $189,792▼14.5% | $205,923▼22.8% | $295,790▼26.0% | $302,087▼25.2% | 990 |
| 2021 | $222,046▲87.9% | $266,787▲218% | $399,951▼2.9% | $403,952▼3.7% | 990 |
| 2020 | $118,167 | $83,851 | $412,030 | $419,476 | 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.
2 grants to Channing-murray Foundation totaling $13K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Religion | 2023 | $6,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $6,500 |
Explore more
Data for Channing-murray Foundation (EIN 37-0859581) 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.