Charles A Cannon Charitable Trust No 3
Only null% goes to programs Strong reserves Growing revenue
Charles A Cannon Charitable Trust No 3 is a 501(c)(3) organization based in Concord, North Carolina, registered in 1979, with $2,507,300 in FY2025 revenue. CharityIndex grades it B.
Po Box 548, Concord, NC, 28026 EIN 58-1360259 Since 1979
Revenue (FY2025)
$2.5M
▲ 41.0% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$1.8M
Net assets
$31.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Charles A Cannon Charitable Trust No 3— 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 rating216 mo reserves · +30% 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 Charles A Cannon Charitable Trust No 3: 216 mo reserves · +30% 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 Charles A Cannon Charitable Trust No 3— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Charles A Cannon Charitable Trust No 3: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 548, Concord, NC, 28026
- City
- Concord
- State
- North Carolina
- Subcategory
- Philanthropy Programs
- Website
- …
Financial trends
Revenue grew from $1.4M (FY2014) to $2.5M (FY2025) across 9 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $0Net assets $31.6M
Operating margin
30.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$31.6M
Total liabilities
$0
Net assets
$31.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $2,507,300▲41.0% | $1,750,807▲11.1% | $31,551,754▲6.9% | $31,551,754▲6.0% | 990PF |
| 2024 | $1,778,798▼3.6% | $1,575,244▲13.0% | $29,510,312▲9.9% | $29,760,312▲10.9% | 990PF |
| 2023 | $1,845,383▲53.8% | $1,394,057▲1.6% | $26,841,211▲16.8% | $26,841,211▲16.8% | 990PF |
| 2022 | $1,199,797▲129% | $1,372,609▲21.0% | $22,987,830▼20.0% | $22,987,830▼20.0% | 990PF |
| 2021 | $522,849▲21.7% | $1,134,370▼2.1% | $28,730,954▲155% | $28,730,954▲155% | 990PF |
| 2020 | $429,551▲35.8% | $1,158,652▲12.0% | $11,245,815▼6.1% | $11,245,815▼6.1% | 990PF |
| 2017 | $316,314▼56.4% | $1,034,371▲14.3% | $11,976,555▼7.1% | $11,976,555▼7.1% | 990PF |
| 2015 | $724,713▼48.6% | $904,684▲8.4% | $12,887,461▼1.5% | $12,887,461▼1.5% | 990PF |
| 2014 | $1,410,557 | $834,918▲18.5% | $13,086,272▲2.3% | $13,086,272▲2.3% | 990PF |
| 2012 | — | $704,755 | $12,793,788 | $12,793,788 | 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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Frequently asked questions
- Is Charles A Cannon Charitable Trust No 3 a legitimate nonprofit?
- Yes. Charles A Cannon Charitable Trust No 3 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1360259, based in Concord, North Carolina. Donations are tax-deductible.
- What is Charles A Cannon Charitable Trust No 3's EIN?
- Charles A Cannon Charitable Trust No 3's Employer Identification Number (EIN) is 58-1360259.
- How much revenue does Charles A Cannon Charitable Trust No 3 report?
- Charles A Cannon Charitable Trust No 3 reported $2,507,300 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Charles A Cannon Charitable Trust No 3 have?
- CharityIndex grades Charles A Cannon Charitable Trust No 3 B, based on financial health (reserves and operating margin).
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Data for Charles A Cannon Charitable Trust No 3 (EIN 58-1360259) 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.