Joanne W Charles Memorial Fund is a 501(c)(3) organization based in Summerton, South Carolina, registered in 2022, with $18,236 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$18K
▼ 3.7% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$18K
Net assets
$6,594
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Joanne W Charles Memorial Fund— 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 Joanne W Charles Memorial Fund: 4 mo reserves · +1% margin earns a A 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 Joanne W Charles Memorial Fund— 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 Joanne W Charles Memorial Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2,385 (FY2019) to $18K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
0.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6,594
Net assets
$6,594
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,236▼3.7% | $18,077▲6.1% | $6,594▲2.5% | $6,594▲2.5% | 990EZ |
| 2023 | $18,943▲86.6% | $17,039▲151% | $6,435▲42.1% | $6,435▲42.1% | 990EZ |
| 2022 | $10,149▲351% | $6,796▲365% | $4,530▲285% | $4,530▲285% | 990EZ |
| 2021 | $2,252▲651% | $1,460 | $1,177▲206% | $1,177▲206% | 990EZ |
| 2020 | $300▼87.4% | — | $385▲353% | $385▲353% | 990EZ |
| 2019 | $2,385 | $2,300 | $85 | $85 | 990EZ |
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 Joanne W Charles Memorial Fund (EIN 81-1213295) 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.