Joseph & Katrina Hargrove Foundation Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 2018, with $18,956 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$19K
Philanthropy median: $168K
Expenses (FY2024)
$20K
Net assets
$12K
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 & Katrina Hargrove 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 →
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 & Katrina Hargrove Foundation Inc: 7 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 Joseph & Katrina Hargrove 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 →
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 & Katrina Hargrove Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $13K (FY2018) to $19K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-7.1%
Spent more than it raised in the latest fiscal year.
Total assets
$12K
Total liabilities
$0
Net assets
$12K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,956 | $20,296 | $12,437 | $12,437 | 990EZ |
| 2023 | — | — | $0▼100% | $0▼100% | 990EZ |
| 2022 | $70,300▲48.4% | $59,735▲34.0% | $13,777▲329% | $13,777▲114% | 990 |
| 2021 | $47,382▲466% | $44,583▲445% | $3,212▲678% | $6,424▲678% | 990 |
| 2020 | $8,374▼59.0% | $8,182▼59.5% | $413▲86.9% | $826▲274% | 990 |
| 2019 | $20,436▲59.3% | $20,219▲57.6% | $221▲5425% | $221▲5425% | 990 |
| 2018 | $12,831 | $12,827 | $4 | $4 | 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 Joseph & Katrina Hargrove Foundation Inc (EIN 82-4061671) 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.