Charles S & Ruth C Sharp Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Charles S & Ruth C Sharp Foundation Inc is a 501(c)(3) organization based in Dallas, Texas, registered in 1965, with $1,180,437 in FY2024 revenue. CharityIndex grades it C+.
2626 Cole Ave Lb 24, Dallas, TX, 75204 EIN 75-6045366 Since 1965
Revenue (FY2024)
$1.2M
▲ 12.7% vs prior year
Expenses (FY2024)
$697K
Net assets
$7.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 S & Ruth C Sharp Foundation 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 rating124 mo reserves · +41% 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 S & Ruth C Sharp Foundation Inc: 124 mo reserves · +41% 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 S & Ruth C Sharp Foundation Inc— 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 S & Ruth C Sharp Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $1.7M (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.2M
Operating margin
40.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.2M
Total liabilities
$0
Net assets
$7.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,180,437▲12.7% | $697,216▲12.8% | $7,196,686▲5.3% | $7,196,686▲5.3% | 990PF |
| 2023 | $1,047,000▲165% | $617,995▼1.0% | $6,832,328▲7.0% | $6,832,328▲7.0% | 990PF |
| 2022 | $395,634▼44.0% | $624,073▲18.8% | $6,386,887▼3.4% | $6,386,887▼3.4% | 990PF |
| 2021 | $706,589▲145% | $525,302▼12.2% | $6,613,237▲2.6% | $6,613,237▲2.6% | 990PF |
| 2020 | $288,248▼48.6% | $598,569▲13.0% | $6,444,070▼4.6% | $6,444,070▼4.6% | 990PF |
| 2019 | $560,455▲10.3% | $529,481▲17.3% | $6,751,366▲0.2% | $6,751,366▲0.1% | 990PF |
| 2018 | $508,313▼25.7% | $451,560▼77.8% | $6,740,850▲104% | $6,741,850▲104% | 990PF |
| 2017 | $684,221▼0.1% | $2,030,768▼34.5% | $3,303,872▼29.1% | $3,305,121▼29.1% | 990PF |
| 2016 | $684,717▼61.9% | $3,101,204▼24.7% | $4,660,065▼34.1% | $4,661,065▼34.8% | 990PF |
| 2015 | $1,799,450▼47.7% | $4,118,826▲116% | $7,076,554▼24.7% | $7,148,056▼24.5% | 990PF |
| 2014 | $3,441,425▲98.9% | $1,909,719▲7.1% | $9,395,930▲19.5% | $9,463,164▲20.3% | 990PF |
| 2013 | $1,729,874 | $1,783,768 | $7,864,224 | $7,864,473 | 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 S & Ruth C Sharp Foundation Inc a legitimate nonprofit?
- Yes. Charles S & Ruth C Sharp Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-6045366, based in Dallas, Texas. Donations are tax-deductible.
- What is Charles S & Ruth C Sharp Foundation Inc's EIN?
- Charles S & Ruth C Sharp Foundation Inc's Employer Identification Number (EIN) is 75-6045366.
- How much revenue does Charles S & Ruth C Sharp Foundation Inc report?
- Charles S & Ruth C Sharp Foundation Inc reported $1,180,437 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Charles S & Ruth C Sharp Foundation Inc have?
- CharityIndex grades Charles S & Ruth C Sharp Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Charles S & Ruth C Sharp Foundation Inc (EIN 75-6045366) 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.