Joseph & Elizabeth Hoffart Charitable Foundation is a 501(c)(3) organization based in Bend, Oregon, registered in 2017, with $988,014 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$988K
▼ 25.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$904K
Net assets
$19.0M
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 Joseph & Elizabeth Hoffart 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 Joseph & Elizabeth Hoffart Charitable Foundation: 252 mo reserves · +8% 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 Joseph & Elizabeth Hoffart 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 Joseph & Elizabeth Hoffart Charitable Foundation: 1 of 5 disclosure signals earns a D 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.
Revenue declined from $1.7M (FY2018) to $988K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
8.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.0M
Total liabilities
$0
Net assets
$19.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $988,014▼25.0% | $904,222▲14.5% | $18,951,042▲7.4% | $18,951,042▲7.4% | 990PF |
| 2023 | $1,317,675▼78.9% | $789,395▲62.1% | $17,644,187▲21.6% | $17,644,187▲21.6% | 990PF |
| 2022 | $6,248,397▲110% | $486,983▲69.5% | $14,514,627▲42.4% | $14,514,627▲42.4% | 990PF |
| 2021 | $2,978,578▲1879% | $287,240▲64.5% | $10,193,378▲79.3% | $10,193,378▲79.3% | 990PF |
| 2020 | $150,505▼91.4% | $174,601▲80.3% | $5,685,680▲11.6% | $5,685,680▲11.6% | 990PF |
| 2019 | $1,752,838▲1.0% | $96,840▲35.3% | $5,093,819▲74.7% | $5,093,819▲74.7% | 990PF |
| 2018 | $1,735,429 | $71,550 | $2,915,772 | $2,915,772 | 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.
Explore more
Data for Joseph & Elizabeth Hoffart Charitable Foundation (EIN 81-3813601) 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.