Elmer S & Christine Lowe Memorial Tr
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Elmer S & Christine Lowe Memorial Tr is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1993, with $138,323 in FY2024 revenue. CharityIndex grades it C+.
First Citizens Bank Trustee Po Box, Raleigh, NC, 27626 EIN 56-6285792 Since 1993
Revenue (FY2024)
$138K
▲ 516.7% vs prior year
Expenses (FY2024)
$147K
Net assets
$2.2M
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 Elmer S & Christine Lowe Memorial Tr— 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 rating178 mo reserves · -7% 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 Elmer S & Christine Lowe Memorial Tr: 178 mo reserves · -7% 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 Elmer S & Christine Lowe Memorial Tr— 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 Elmer S & Christine Lowe Memorial Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- First Citizens Bank Trustee Po Box, Raleigh, NC, 27626
- City
- Raleigh
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $221K (FY2017) to $138K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.2M
Operating margin
-6.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$0
Net assets
$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $138,323▲517% | $147,396▼2.4% | $2,190,341▼0.4% | $2,190,341▼0.4% | 990PF |
| 2023 | -$33,196▼130% | $151,048▼13.7% | $2,199,148▼7.7% | $2,199,148▼7.7% | 990PF |
| 2022 | $110,577▼54.3% | $175,005▲7.4% | $2,383,701▼2.7% | $2,383,701▼2.7% | 990PF |
| 2021 | $242,061▲9.2% | $162,894▲3.4% | $2,448,691▲3.9% | $2,448,691▲3.9% | 990PF |
| 2020 | $221,660▲70.9% | $157,576▲1.2% | $2,356,277▲2.2% | $2,356,277▲2.2% | 990PF |
| 2019 | $129,708▲31.6% | $155,771▼4.6% | $2,305,465▼1.1% | $2,305,465▼1.1% | 990PF |
| 2018 | $98,599▼55.5% | $163,339▲5.9% | $2,332,283▼2.8% | $2,332,283▼2.8% | 990PF |
| 2017 | $221,415 | $154,302 | $2,399,069 | $2,399,069 | 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 Elmer S & Christine Lowe Memorial Tr a legitimate nonprofit?
- Yes. Elmer S & Christine Lowe Memorial Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6285792, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is Elmer S & Christine Lowe Memorial Tr's EIN?
- Elmer S & Christine Lowe Memorial Tr's Employer Identification Number (EIN) is 56-6285792.
- How much revenue does Elmer S & Christine Lowe Memorial Tr report?
- Elmer S & Christine Lowe Memorial Tr reported $138,323 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Elmer S & Christine Lowe Memorial Tr have?
- CharityIndex grades Elmer S & Christine Lowe Memorial Tr C+, based on financial health (reserves and operating margin).
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Data for Elmer S & Christine Lowe Memorial Tr (EIN 56-6285792) 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.