Kathrine R Everett Charitable Testamentary Trust is a 501(c)(3) organization based in Durham, North Carolina, registered in 1997, with $1,203,143 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$1.2M
▲ 23.7% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$1.7M
Net assets
$14.4M
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 Kathrine R Everett Charitable Testamentary Trust— 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 Kathrine R Everett Charitable Testamentary Trust: 105 mo reserves · -38% 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 Kathrine R Everett Charitable Testamentary Trust— 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 Kathrine R Everett Charitable Testamentary Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.1M (FY2013) to $1.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-37.5%
Spent more than it raised in the latest fiscal year.
Total assets
$14.4M
Total liabilities
$0
Net assets
$14.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,203,143▲23.7% | $1,654,399▲87157% | $14,409,438▼3.0% | $14,409,438▼3.0% | 990 |
| 2022 | $972,313▲113% | $1,896▼99.9% | $14,860,694▲7.0% | $14,860,694▲7.0% | 990 |
| 2021 | $457,128▼13.9% | $2,005,524▲554% | $13,890,277▼10.0% | $13,890,277▼10.0% | 990 |
| 2020 | $530,703▼26.1% | $306,830▼64.3% | $15,438,673▲1.5% | $15,438,673▲1.5% | 990 |
| 2019 | $718,584▲11.8% | $859,055▲1634% | $15,214,743▼2.5% | $15,214,743▼2.5% | 990 |
| 2018 | $642,607▼13.8% | $49,532▼95.3% | $15,610,878▲1.0% | $15,610,878▲1.0% | 990 |
| 2017 | $745,413▲49.1% | $1,063,924▲2442% | $15,452,350▼1.7% | $15,452,350▼1.7% | 990 |
| 2016 | $500,002▲98.1% | $41,858▼28.7% | $15,722,408▲3.1% | $15,722,408▲3.1% | 990 |
| 2015 | $252,454▼53.1% | $58,692▼97.1% | $15,254,433▲3.8% | $15,254,433▲3.8% | 990 |
| 2014 | $537,846▼53.2% | $2,037,056▲4256% | $14,690,655▼9.3% | $14,690,655▼9.5% | 990 |
| 2013 | $1,148,632 | $46,765▼3.0% | $16,189,865▲7.2% | $16,231,865▲7.1% | 990 |
| 2012 | — | $48,206▼99.1% | $15,109,409▲19.3% | $15,151,409▲19.7% | 990 |
| 2011 | — | $5,109,300▲64160% | $12,662,342▼22.4% | $12,662,342▼22.4% | 990 |
| 2010 | — | $7,951▼98.8% | $16,309,737▲249% | $16,309,737▲249% | 990 |
| 2009 | — | $658,983 | $4,672,410 | $4,672,410 | 990 |
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 Kathrine R Everett Charitable Testamentary Trust (EIN 56-6473809) 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.