Charles L Hover Family Foundation
Only null% goes to programs Strong reserves Declining revenue
Charles L Hover Family Foundation is a 501(c)(3) organization based in Billings, Montana, registered in 1961, with $30,526 in FY2024 revenue. CharityIndex grades it D.
Po Box 30918, Billings, MT, 59116 EIN 84-6021362 Since 1961
Revenue (FY2024)
$31K
▼ 16.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$45K
Net assets
$972K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 L Hover Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating260 mo reserves · -47% 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 L Hover Family Foundation: 260 mo reserves · -47% margin earns a D 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 L Hover Family 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 L Hover Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 30918, Billings, MT, 59116
- City
- Billings
- State
- Montana
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $118K (FY2013) to $31K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $972K
Operating margin
-47.1%
Spent more than it raised in the latest fiscal year.
Total assets
$972K
Total liabilities
$0
Net assets
$972K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,526▼16.7% | $44,889▲18.5% | $971,593▼1.4% | $971,593▼1.4% | 990 |
| 2023 | $36,634▼35.9% | $37,885▼7.5% | $985,685▼0.2% | $985,685▼0.2% | 990 |
| 2022 | $57,111▼51.9% | $40,964▲25.5% | $987,306▲1.7% | $987,306▲1.7% | 990 |
| 2021 | $118,696▲10.8% | $32,644▲40.4% | $971,159▲9.7% | $971,159▲9.7% | 990 |
| 2020 | $107,105▲235% | $23,256▼17.0% | $885,107▲10.5% | $885,107▲10.5% | 990 |
| 2019 | $31,946▼86.5% | $28,029▼98.2% | $801,258▲0.5% | $801,258▲0.5% | 990 |
| 2018 | $237,007▲54.0% | $1,540,006▲279% | $797,341▼62.0% | $797,341▼62.0% | 990 |
| 2017 | $153,857▲63.7% | $406,500▲559% | $2,100,340▼10.7% | $2,100,340▼10.7% | 990 |
| 2016 | $94,010▲57.7% | $61,676▼0.7% | $2,352,983▲1.4% | $2,352,983▲1.4% | 990 |
| 2015 | $59,617▼66.8% | $62,081▲8.1% | $2,320,649▼0.1% | $2,320,649▼0.1% | 990 |
| 2014 | $179,318▲51.7% | $57,431▲9.8% | $2,323,113▲5.5% | $2,323,113▲5.5% | 990 |
| 2013 | $118,215 | $52,316▲2.6% | $2,201,226▲3.1% | $2,201,226▲3.1% | 990 |
| 2012 | — | $51,003▼4.9% | $2,135,327▲4.6% | $2,135,327▲4.6% | 990 |
| 2011 | — | $53,616▲8.1% | $2,040,581▲1.5% | $2,040,581▲1.5% | 990 |
| 2010 | — | $49,601 | $2,009,551 | $2,009,551 | 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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Compare Charles L Hover Family Foundation
Frequently asked questions
- Is Charles L Hover Family Foundation a legitimate nonprofit?
- Yes. Charles L Hover Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-6021362, based in Billings, Montana. Donations are tax-deductible.
- What is Charles L Hover Family Foundation's EIN?
- Charles L Hover Family Foundation's Employer Identification Number (EIN) is 84-6021362.
- How much revenue does Charles L Hover Family Foundation report?
- Charles L Hover Family Foundation reported $30,526 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Charles L Hover Family Foundation have?
- CharityIndex grades Charles L Hover Family Foundation D, based on financial health (reserves and operating margin).
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Data for Charles L Hover Family Foundation (EIN 84-6021362) 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.