Hobson-wood Foundation Inc
Only null% goes to programs Strong reserves
Hobson-wood Foundation Inc is a 501(c)(3) organization based in Knoxville, Tennessee, registered in 1995, with $62,499 in FY2024 revenue. CharityIndex grades it F.
9202 S Northshore Dr Ste 301, Knoxville, TN, 37922 EIN 62-1586595 Since 1995
Revenue (FY2024)
$62K
▼ 69.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$106K
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Hobson-wood Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating234 mo reserves · -69% 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 Hobson-wood Foundation Inc: 234 mo reserves · -69% margin earns a F 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 Hobson-wood Foundation Inc— 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 Hobson-wood Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 9202 S Northshore Dr Ste 301, Knoxville, TN, 37922
- City
- Knoxville
- State
- Tennessee
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $739K (FY2015) to $62K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.1M
Operating margin
-69.4%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$0
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,499▼69.5% | $105,878▲7.3% | $2,063,831▲3.1% | $2,063,831▲3.1% | 990PF |
| 2023 | $204,624▲874% | $98,688▲32.6% | $2,001,184▲12.1% | $2,001,184▲12.1% | 990PF |
| 2022 | $20,998▲128% | $74,410▼41.0% | $1,785,659▼1.6% | $1,785,659▼1.6% | 990PF |
| 2021 | -$76,122▼139% | $126,113▼10.5% | $1,814,735▼11.2% | $1,814,735▼11.2% | 990PF |
| 2020 | $195,977▼53.4% | $140,930▼4.4% | $2,044,267▲2.2% | $2,044,267▲2.2% | 990PF |
| 2019 | $420,737▲1366% | $147,357▲60.9% | $2,000,436▲11.2% | $2,000,436▲11.2% | 990PF |
| 2018 | $28,708▼67.9% | $91,579▼6.6% | $1,799,456▲1.7% | $1,799,456▲1.7% | 990PF |
| 2017 | $89,327▼69.8% | $98,065▼28.9% | $1,768,836▼0.4% | $1,768,836▼0.4% | 990PF |
| 2016 | $296,123▼59.9% | $137,896▲138% | $1,775,060▲37.7% | $1,775,060▲37.7% | 990PF |
| 2015 | $738,829 | $57,907 | $1,288,970 | $1,288,970 | 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 Hobson-wood Foundation Inc a legitimate nonprofit?
- Yes. Hobson-wood Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1586595, based in Knoxville, Tennessee. Donations are tax-deductible.
- What is Hobson-wood Foundation Inc's EIN?
- Hobson-wood Foundation Inc's Employer Identification Number (EIN) is 62-1586595.
- How much revenue does Hobson-wood Foundation Inc report?
- Hobson-wood Foundation Inc reported $62,499 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hobson-wood Foundation Inc have?
- CharityIndex grades Hobson-wood Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Hobson-wood Foundation Inc (EIN 62-1586595) 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.