Charles E Hayworth Jr Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Charles E Hayworth Jr Foundation is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 1987, with $306,276 in FY2023 revenue. CharityIndex grades it F.
One West 4th Street Ste 1200, Winston Salem, NC, 27101 EIN 57-0834648 Since 1987
Revenue (FY2023)
$306K
▼ 76.7% vs prior year
Expenses (FY2023)
$659K
Net assets
$9.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 E Hayworth Jr Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating165 mo reserves · -115% 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 E Hayworth Jr Foundation: 165 mo reserves · -115% margin earns a F 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 E Hayworth Jr Foundation— 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 Charles E Hayworth Jr Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- One West 4th Street Ste 1200, Winston Salem, NC, 27101
- City
- Winston Salem
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $329K (FY2018) to $306K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $9.0M
Operating margin
-115.1%
Spent more than it raised in the latest fiscal year.
Total assets
$9.0M
Total liabilities
$0
Net assets
$9.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $306,276▼76.7% | $658,661▼12.2% | $9,044,431▼3.7% | $9,044,431▼3.7% | 990PF |
| 2022 | $1,315,910▲74.9% | $749,778▲20.8% | $9,395,240▲6.4% | $9,395,240▲6.4% | 990PF |
| 2021 | $752,430▲72.9% | $620,481▼0.8% | $8,829,108▲1.5% | $8,829,108▲1.5% | 990PF |
| 2020 | $435,241▼13.2% | $625,482▼3.3% | $8,697,159▼1.8% | $8,697,159▼1.8% | 990PF |
| 2019 | $501,696▲52.3% | $646,538▼4.1% | $8,853,546▼14.7% | $8,853,546▼14.7% | 990PF |
| 2018 | $329,388 | $674,173 | $10,383,234 | $10,383,234 | 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.
Frequently asked questions
- Is Charles E Hayworth Jr Foundation a legitimate nonprofit?
- Yes. Charles E Hayworth Jr Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 57-0834648, based in Winston Salem, North Carolina. Donations are tax-deductible.
- What is Charles E Hayworth Jr Foundation's EIN?
- Charles E Hayworth Jr Foundation's Employer Identification Number (EIN) is 57-0834648.
- How much revenue does Charles E Hayworth Jr Foundation report?
- Charles E Hayworth Jr Foundation reported $306,276 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Charles E Hayworth Jr Foundation have?
- CharityIndex grades Charles E Hayworth Jr Foundation F, based on financial health (reserves and operating margin).
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Data for Charles E Hayworth Jr Foundation (EIN 57-0834648) 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.