E G and Irene W Craft Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
E G and Irene W Craft Foundation is a 501(c)(3) organization based in Birmingham, Alabama, registered in 1978, with $28,126 in FY2024 revenue. CharityIndex grades it D.
Po Box 11647, Birmingham, AL, 35202 EIN 59-6620265 Since 1978
Revenue (FY2024)
$28K
▼ 17.0% vs prior year
Expenses (FY2024)
$37K
Net assets
$581K
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 E G and Irene W Craft 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 rating188 mo reserves · -32% 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 E G and Irene W Craft Foundation: 188 mo reserves · -32% 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 E G and Irene W Craft 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 E G and Irene W Craft 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 11647, Birmingham, AL, 35202
- City
- Birmingham
- State
- Alabama
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $37K (FY2016) to $28K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $581K
Operating margin
-31.9%
Spent more than it raised in the latest fiscal year.
Total assets
$581K
Total liabilities
$0
Net assets
$581K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $28,126▼17.0% | $37,111▼0.5% | $581,357▼1.5% | $581,357▼1.5% | 990PF |
| 2023 | $33,870▲48.1% | $37,286▼50.6% | $590,440▼0.5% | $590,440▼0.5% | 990PF |
| 2022 | $22,863▼35.1% | $75,458▲520% | $593,611▼8.2% | $593,611▼8.2% | 990PF |
| 2021 | $35,219▼17.3% | $12,174▼70.7% | $646,647▲3.6% | $646,647▲3.6% | 990PF |
| 2020 | $42,606▲103% | $41,521▲196% | $623,938▲0.1% | $623,938▲0.1% | 990PF |
| 2019 | $20,976▼49.3% | $14,038▼87.2% | $623,040▲1.2% | $623,040▲1.2% | 990PF |
| 2018 | $41,402▲10.8% | $109,423▲157% | $615,948▼9.4% | $615,948▼9.4% | 990PF |
| 2016 | $37,363 | $42,623 | $679,480 | $679,480 | 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 E G and Irene W Craft Foundation a legitimate nonprofit?
- Yes. E G and Irene W Craft Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-6620265, based in Birmingham, Alabama. Donations are tax-deductible.
- What is E G and Irene W Craft Foundation's EIN?
- E G and Irene W Craft Foundation's Employer Identification Number (EIN) is 59-6620265.
- How much revenue does E G and Irene W Craft Foundation report?
- E G and Irene W Craft Foundation reported $28,126 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does E G and Irene W Craft Foundation have?
- CharityIndex grades E G and Irene W Craft Foundation D, based on financial health (reserves and operating margin).
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Data for E G and Irene W Craft Foundation (EIN 59-6620265) 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.