Grayce B Kerr Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Grayce B Kerr Fund is a 501(c)(3) organization based in Easton, Maryland, registered in 1993, with $2,715,294 in FY2024 revenue. CharityIndex grades it B.
117 Bay St, Easton, MD, 21601 EIN 73-1256124 Since 1993
Revenue (FY2024)
$2.7M
▲ 269.6% vs prior year
Expenses (FY2024)
$2.1M
Net assets
$30.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Grayce B Kerr Fund— 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 rating176 mo reserves · +24% 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 Grayce B Kerr Fund: 176 mo reserves · +24% 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 Grayce B Kerr Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Grayce B Kerr Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $3.0M (FY2020) to $2.7M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38KNet assets $30.5M
Operating margin
23.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$30.5M
Total liabilities
$38K
Net assets
$30.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,715,294▲270% | $2,073,292▲12.6% | $30,462,199▲2.2% | $30,500,282▲2.2% | 990PF |
| 2023 | $734,567▲261% | $1,841,681▼14.9% | $29,820,197▼3.6% | $29,840,599▼3.5% | 990PF |
| 2022 | -$455,433▼110% | $2,165,238▲15.2% | $30,927,311▼7.8% | $30,927,311▼7.8% | 990PF |
| 2021 | $4,569,363▲50.6% | $1,879,959▲4.4% | $33,547,982▲8.7% | $33,550,283▲8.7% | 990PF |
| 2020 | $3,033,896 | $1,801,473 | $30,858,578 | $30,858,578 | 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 Grayce B Kerr Fund a legitimate nonprofit?
- Yes. Grayce B Kerr Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-1256124, based in Easton, Maryland. Donations are tax-deductible.
- What is Grayce B Kerr Fund's EIN?
- Grayce B Kerr Fund's Employer Identification Number (EIN) is 73-1256124.
- How much revenue does Grayce B Kerr Fund report?
- Grayce B Kerr Fund reported $2,715,294 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Grayce B Kerr Fund have?
- CharityIndex grades Grayce B Kerr Fund B, based on financial health (reserves and operating margin).
More nonprofits in Easton
Explore more
Data for Grayce B Kerr Fund (EIN 73-1256124) 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.