Joan C Ray Charitable Foundation is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2013, with $35,566 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$36K
▲ 9.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$50K
Net assets
$699K
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 Joan C Ray 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 →
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 Joan C Ray Charitable Foundation: 167 mo reserves · -41% margin earns a D 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 Joan C Ray 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 →
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 Joan C Ray Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $49K (FY2013) to $36K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-41.2%
Spent more than it raised in the latest fiscal year.
Total assets
$699K
Total liabilities
$0
Net assets
$699K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,566▲9.6% | $50,230▲5.1% | $699,264▼2.1% | $699,264▼2.1% | 990PF |
| 2023 | $32,459▼14.0% | $47,774▼7.4% | $713,928▼2.1% | $713,928▼2.1% | 990PF |
| 2022 | $37,744▼24.2% | $51,579▲15.0% | $729,243▼1.9% | $729,243▼1.9% | 990PF |
| 2021 | $49,802▲62.2% | $44,854▼8.8% | $743,078▲0.7% | $743,078▲0.7% | 990PF |
| 2020 | $30,708▲29.3% | $49,175▼8.1% | $738,130▼2.4% | $738,130▼2.4% | 990PF |
| 2019 | $23,745▼61.3% | $53,498▲15.3% | $756,597▼3.8% | $756,597▼3.8% | 990PF |
| 2018 | $61,303▲137% | $46,391▼1.8% | $786,350▲1.9% | $786,350▲1.9% | 990PF |
| 2017 | $25,841▲213% | $47,255▼5.2% | $771,438▼2.7% | $771,438▼2.7% | 990PF |
| 2016 | -$22,826▼154% | $49,847▼0.3% | $792,852▼8.4% | $792,852▼8.4% | 990PF |
| 2015 | $42,268▼15.8% | $49,982▼9.7% | $865,471▼0.9% | $865,471▼0.9% | 990PF |
| 2014 | $50,227▲2.0% | $55,348▲5.6% | $873,185▼0.6% | $873,185▼0.6% | 990PF |
| 2013 | $49,246 | $52,407 | $878,306 | $878,306 | 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 Joan C Ray Charitable Foundation (EIN 45-1807907) 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.