Joseph B Whitehead Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Joseph B Whitehead Foundation is a 501(c)(3) organization based in Atlanta, Georgia, registered in 1945, with $265,452,577 in FY2024 revenue. CharityIndex grades it B.
191 Peachtree St Ne Ste 3540, Atlanta, GA, 30303 EIN 58-6001954 Since 1945
Revenue (FY2024)
$265.5M
▲ 205.8% vs prior year
Expenses (FY2024)
$92.1M
Net assets
$406.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 B Whitehead Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating53 mo reserves · +65% margin
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 B Whitehead Foundation: 53 mo reserves · +65% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 B Whitehead Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 B Whitehead Foundation: 2 of 5 disclosure signals earns a C 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.
Contact & location
Financial trends
Revenue grew from $57.7M (FY2020) to $265.5M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $843Net assets $406.2M
Operating margin
65.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$406.2M
Total liabilities
$843
Net assets
$406.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $265,452,577▲206% | $92,123,494▼13.3% | $406,202,409▲111% | $406,203,252▲111% | 990PF |
| 2023 | $86,804,202▲63.4% | $106,211,060▲30.4% | $192,204,512▲18.9% | $192,205,042▲18.9% | 990PF |
| 2022 | $53,119,400▼8.7% | $81,479,954▲13.0% | $161,682,575▲9.0% | $161,682,970▲9.0% | 990PF |
| 2021 | $58,163,845▲0.8% | $72,130,736▲4.7% | $148,284,746▲17.2% | $148,285,590▲17.2% | 990PF |
| 2020 | $57,729,215 | $68,912,193 | $126,495,598 | $126,495,959 | 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.
Leadership & compensation (FY2024)
Highest-paid: P Russell Hardin — $218,090 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| P Russell Hardin | President | 8 | $218,090 |
| Erik S Johnson | Vice President & Secretary | 8 | $88,816 |
| Eli P Niepoky | Treasurer | 8 | $75,323 |
| E Jenner Wood III | Trustee- Chair | 3 | $35,000 |
| Lawrence L Gellerstedt III | Trustee | 1 | $25,000 |
| Joseph A Arnold | Trustee- Elected 4/2/2024 | 1 | $18,750 |
| James B Williams | Trustee- Deceased 1/23/2024 | 1 | — |
Frequently asked questions
- Is Joseph B Whitehead Foundation a legitimate nonprofit?
- Yes. Joseph B Whitehead Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-6001954, based in Atlanta, Georgia. Donations are tax-deductible.
- What is Joseph B Whitehead Foundation's EIN?
- Joseph B Whitehead Foundation's Employer Identification Number (EIN) is 58-6001954.
- How much revenue does Joseph B Whitehead Foundation report?
- Joseph B Whitehead Foundation reported $265,452,577 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Joseph B Whitehead Foundation have?
- CharityIndex grades Joseph B Whitehead Foundation B, based on financial health (reserves and operating margin).
- How much does Joseph B Whitehead Foundation's highest-paid employee make?
- The highest reported compensation on Joseph B Whitehead Foundation's latest Form 990 is $218,090, paid to P Russell Hardin (President).
More nonprofits in Atlanta
Explore more
Data for Joseph B Whitehead Foundation (EIN 58-6001954) 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.