Charles H Boyle Fon Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Charles H Boyle Fon Inc is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1974, with $1,593,966 in FY2024 revenue. CharityIndex grades it B.
Po Box 17800, Memphis, TN, 38187 EIN 23-7256010 Since 1974
Revenue (FY2024)
$1.6M
▲ 280.5% vs prior year
Expenses (FY2024)
$1.4M
Net assets
$10.1M
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 H Boyle Fon 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 rating89 mo reserves · +15% 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 H Boyle Fon Inc: 89 mo reserves · +15% 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 H Boyle Fon Inc— 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 H Boyle Fon Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $209K (FY2013) to $1.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,506Net assets $10.1M
Operating margin
14.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.1M
Total liabilities
$7,506
Net assets
$10.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,593,966▲281% | $1,356,671▲29.0% | $10,077,572▼2.1% | $10,085,078▼2.1% | 990PF |
| 2023 | $418,871▼74.2% | $1,051,820▲27.1% | $10,289,959▼8.5% | $10,301,459▼8.4% | 990PF |
| 2022 | $1,626,488▲43.1% | $827,431▼0.4% | $11,240,590▲19.9% | $11,240,590▲19.9% | 990PF |
| 2021 | $1,136,533▼55.0% | $830,884▼39.4% | $9,376,633▼3.4% | $9,376,633▼3.4% | 990PF |
| 2020 | $2,525,684▲40.0% | $1,371,427▲411% | $9,708,599▲2.6% | $9,708,599▲2.6% | 990PF |
| 2019 | $1,803,529▼22.4% | $268,342▼9.3% | $9,466,608▲18.1% | $9,466,608▲18.1% | 990PF |
| 2018 | $2,324,319▲48.3% | $296,006▲108% | $8,013,434▲23.8% | $8,013,434▲23.8% | 990PF |
| 2017 | $1,567,394▼46.3% | $142,052▲345% | $6,473,840▲33.3% | $6,473,840▲33.3% | 990PF |
| 2016 | $2,917,648▲141% | $31,923▼84.1% | $4,857,590▲146% | $4,857,590▲146% | 990PF |
| 2015 | $1,208,964▲5029% | $200,984▲135% | $1,971,865▲105% | $1,971,865▲105% | 990PF |
| 2014 | $23,572▼88.7% | $85,691▼39.2% | $963,885▲9.6% | $963,885▲9.6% | 990PF |
| 2013 | $208,703 | $140,842▲171% | $879,461▲8.4% | $879,461▲8.4% | 990PF |
| 2012 | — | $51,882▲203% | $811,600▲566% | $811,600▲566% | 990PF |
| 2011 | — | $17,126▼57.1% | $121,850▲9.4% | $121,850▲9.4% | 990PF |
| 2010 | — | $39,934 | $111,357 | $111,357 | 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.
Frequently asked questions
- Is Charles H Boyle Fon Inc a legitimate nonprofit?
- Yes. Charles H Boyle Fon Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7256010, based in Memphis, Tennessee. Donations are tax-deductible.
- What is Charles H Boyle Fon Inc's EIN?
- Charles H Boyle Fon Inc's Employer Identification Number (EIN) is 23-7256010.
- How much revenue does Charles H Boyle Fon Inc report?
- Charles H Boyle Fon Inc reported $1,593,966 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Charles H Boyle Fon Inc have?
- CharityIndex grades Charles H Boyle Fon Inc B, based on financial health (reserves and operating margin).
More nonprofits in Memphis
Explore more
Data for Charles H Boyle Fon Inc (EIN 23-7256010) 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.