George C Karlson Foundation is a 501(c)(3) organization based in New York, New York, registered in 1965, with $200,653 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$201K
▲ 160.8% vs prior year
Expenses (FY2024)
$144K
Net assets
$1.5M
Employees
—
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 George C Karlson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 George C Karlson Foundation: 125 mo reserves · +28% margin earns a B+ on this criterion. See the exact thresholds →
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 George C Karlson Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 George C Karlson Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $70K (FY2015) to $201K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
28.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$0
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $200,653▲161% | $143,579▲12.9% | $1,495,746▲6.2% | $1,495,746▲6.2% | 990PF |
| 2023 | $76,947▼24.2% | $127,191▲18.4% | $1,408,922▼4.1% | $1,408,922▼4.1% | 990PF |
| 2022 | $101,504▼50.1% | $107,410▼20.2% | $1,469,809▲0.2% | $1,469,809▲0.2% | 990PF |
| 2021 | $203,587▼5.2% | $134,554▼15.2% | $1,466,420▲5.0% | $1,466,420▲5.0% | 990PF |
| 2020 | $214,806▲140% | $158,633▼9.6% | $1,396,215▲4.2% | $1,396,215▲4.2% | 990PF |
| 2019 | $89,389▲17.4% | $175,423▲43.4% | $1,340,280▼6.0% | $1,340,280▼6.0% | 990PF |
| 2018 | $76,140▲0.1% | $122,336▲8.8% | $1,426,160▼3.1% | $1,426,160▼3.1% | 990PF |
| 2017 | $76,045▲95.5% | $112,490▼7.5% | $1,471,610▼2.5% | $1,471,610▼2.5% | 990PF |
| 2016 | $38,891▼44.4% | $121,604▼4.0% | $1,508,818▼5.5% | $1,508,818▼5.5% | 990PF |
| 2015 | $69,982 | $126,692 | $1,596,751 | $1,596,751 | 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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Data for George C Karlson Foundation (EIN 11-6043764) 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.