Ernest G Debakey Charitable Foundation
Only null% goes to programs Strong reserves
Ernest G Debakey Charitable Foundation is a 501(c)(3) organization based in Saint Elmo, Alabama, registered in 1998, with $1,203,397 in FY2024 revenue. CharityIndex grades it C.
Po Box 31, Saint Elmo, AL, 36568 EIN 72-1374786 Since 1998
Revenue (FY2024)
$1.2M
▲ 6.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.4M
Net assets
$16.5M
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 Ernest G Debakey Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating143 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 Ernest G Debakey Charitable Foundation: 143 mo reserves · -15% margin earns a C+ 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 Ernest G Debakey Charitable 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 Ernest G Debakey Charitable 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 31, Saint Elmo, AL, 36568
- City
- Saint Elmo
- State
- Alabama
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $1.3M (FY2013) to $1.2M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,400Net assets $16.5M
Operating margin
-14.5%
Spent more than it raised in the latest fiscal year.
Total assets
$16.5M
Total liabilities
$1,400
Net assets
$16.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,203,397▲6.2% | $1,378,242▲6.4% | $16,478,591▼1.1% | $16,479,991▼1.1% | 990PF |
| 2023 | $1,133,600▲91.1% | $1,294,775▲38.9% | $16,667,470▼0.9% | $16,667,470▼0.9% | 990PF |
| 2022 | $593,056▼56.7% | $932,234▼17.0% | $16,825,417▼2.0% | $16,825,417▼2.0% | 990PF |
| 2021 | $1,369,821▲14.3% | $1,123,025▲13.3% | $17,162,310▲1.6% | $17,162,310▲1.5% | 990PF |
| 2020 | $1,198,172▲8.9% | $990,973▼5.2% | $16,896,406▼1.7% | $16,906,301▼1.6% | 990PF |
| 2019 | $1,100,321▲20.1% | $1,045,343▲0.9% | $17,180,712▲0.5% | $17,183,168▲0.5% | 990PF |
| 2018 | $916,029▲13.4% | $1,036,170▲8.1% | $17,089,095▼0.6% | $17,091,307▼0.6% | 990PF |
| 2017 | $807,722▼42.6% | $958,532▼9.2% | $17,183,851▼3.0% | $17,186,021▼3.0% | 990PF |
| 2015 | $1,407,518▼11.2% | $1,055,965▲1.6% | $17,709,978▲2.1% | $17,711,566▲2.1% | 990PF |
| 2014 | $1,585,690▲20.7% | $1,039,352▲23.8% | $17,346,386▲3.3% | $17,347,974▲3.3% | 990PF |
| 2013 | $1,313,340 | $839,641▼25.9% | $16,796,687▲3.2% | $16,798,263▲3.2% | 990PF |
| 2012 | — | $1,133,484▲3.2% | $16,281,386▲0.1% | $16,282,837▲0.1% | 990PF |
| 2011 | — | $1,098,717 | $16,258,931 | $16,258,931 | 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.
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Frequently asked questions
- Is Ernest G Debakey Charitable Foundation a legitimate nonprofit?
- Yes. Ernest G Debakey Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 72-1374786, based in Saint Elmo, Alabama. Donations are tax-deductible.
- What is Ernest G Debakey Charitable Foundation's EIN?
- Ernest G Debakey Charitable Foundation's Employer Identification Number (EIN) is 72-1374786.
- How much revenue does Ernest G Debakey Charitable Foundation report?
- Ernest G Debakey Charitable Foundation reported $1,203,397 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ernest G Debakey Charitable Foundation have?
- CharityIndex grades Ernest G Debakey Charitable Foundation C, based on financial health (reserves and operating margin).
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Data for Ernest G Debakey Charitable Foundation (EIN 72-1374786) 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.