James H Tharp Charitable Trust is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1974, with $90,584 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$91K
▼ 35.3% vs prior year
Expenses (FY2024)
$84K
Net assets
$1.1M
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 James H Tharp Charitable Trust— 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 James H Tharp Charitable Trust: 150 mo reserves · +7% 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 James H Tharp Charitable Trust— 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 James H Tharp Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $62K (FY2013) to $91K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $90,584▼35.3% | $84,147▼10.9% | $1,054,293▲0.6% | $1,054,293▲0.6% | 990PF |
| 2023 | $140,021▲291% | $94,404▲0.5% | $1,047,736▲4.5% | $1,047,736▲4.5% | 990PF |
| 2022 | $35,845▼44.4% | $93,949▼3.3% | $1,002,383▼8.2% | $1,002,383▼8.2% | 990PF |
| 2021 | $64,503▼21.8% | $97,201▼4.6% | $1,091,892 | $1,091,892 | 990PF |
| 2020 | $82,518▼15.5% | $101,879▲5.6% | $1,092,289▼1.9% | $1,092,289▼1.9% | 990PF |
| 2019 | $97,612▲38.2% | $96,514▲0.7% | $1,112,893▲0.2% | $1,112,893▲0.2% | 990PF |
| 2018 | $70,616▲138% | $95,849▼2.1% | $1,111,183▼2.2% | $1,111,183▼2.2% | 990PF |
| 2017 | $29,671▼48.4% | $97,941▲0.7% | $1,136,412▼5.6% | $1,136,412▼5.6% | 990PF |
| 2016 | $57,536▲42.1% | $97,300▲1.8% | $1,204,344▼3.2% | $1,204,344▼3.2% | 990PF |
| 2015 | $40,483▼32.8% | $95,610▼1.2% | $1,243,838▼4.4% | $1,243,838▼4.4% | 990PF |
| 2014 | $60,208▼2.3% | $96,727▼2.8% | $1,300,984▼2.7% | $1,300,984▼2.7% | 990PF |
| 2013 | $61,620 | $99,477▲3.0% | $1,337,503▼2.7% | $1,337,503▼2.7% | 990PF |
| 2012 | — | $96,540▼3.4% | $1,375,054▼1.0% | $1,375,054▼1.0% | 990PF |
| 2011 | — | $99,952▲41.2% | $1,389,550▼1.1% | $1,389,550▼1.1% | 990PF |
| 2010 | — | $70,790▲18.9% | $1,405,705▲6.6% | $1,405,705▲6.6% | 990PF |
| 2009 | — | $59,543 | $1,319,160 | $1,319,160 | 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 James H Tharp Charitable Trust (EIN 62-6105988) 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.