Kilrea Foundation 23-06787 01
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Kilrea Foundation 23-06787 01 is a 501(c)(3) organization based in Hilton Head, South Carolina, registered in 2003, with $103,368 in FY2024 revenue. CharityIndex grades it F.
20 E Beach Lagoon Rd, Hilton Head, SC, 29928 EIN 36-7339715 Since 2003
Revenue (FY2024)
$103K
▲ 6607.9% vs prior year
Expenses (FY2024)
$282K
Net assets
$3.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Kilrea Foundation 23-06787 01— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating141 mo reserves · -173% 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 Kilrea Foundation 23-06787 01: 141 mo reserves · -173% margin earns a F 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 Kilrea Foundation 23-06787 01— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Kilrea Foundation 23-06787 01: 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.
Contact & location
- Address
- 20 E Beach Lagoon Rd, Hilton Head, SC, 29928
- City
- Hilton Head
- State
- South Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $197K (FY2020) to $103K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.3M
Operating margin
-172.5%
Spent more than it raised in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$0
Net assets
$3.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $103,368▲6608% | $281,710▲11.1% | $3,315,429▼4.3% | $3,315,429▼4.3% | 990PF |
| 2023 | $1,541▼98.8% | $253,554▲37.7% | $3,465,406▼6.1% | $3,465,406▼6.1% | 990PF |
| 2022 | $128,232▼67.9% | $184,095▼29.3% | $3,690,796▼1.8% | $3,690,796▼1.8% | 990PF |
| 2021 | $398,866▲102% | $260,326▲10.1% | $3,758,333▲3.8% | $3,758,333▲3.8% | 990PF |
| 2020 | $197,044 | $236,348 | $3,619,793 | $3,619,793 | 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.
Frequently asked questions
- Is Kilrea Foundation 23-06787 01 a legitimate nonprofit?
- Yes. Kilrea Foundation 23-06787 01 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-7339715, based in Hilton Head, South Carolina. Donations are tax-deductible.
- What is Kilrea Foundation 23-06787 01's EIN?
- Kilrea Foundation 23-06787 01's Employer Identification Number (EIN) is 36-7339715.
- How much revenue does Kilrea Foundation 23-06787 01 report?
- Kilrea Foundation 23-06787 01 reported $103,368 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Kilrea Foundation 23-06787 01 have?
- CharityIndex grades Kilrea Foundation 23-06787 01 F, based on financial health (reserves and operating margin).
More nonprofits in Hilton Head
Explore more
Data for Kilrea Foundation 23-06787 01 (EIN 36-7339715) 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.