Lerner-gray Foundation Inc is a 501(c)(3) organization based in Bluffton, South Carolina, registered in 1958, with $43,665 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$44K
▼ 23.6% vs prior year
Expenses (FY2024)
$99K
Net assets
$394K
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 Lerner-gray 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 Lerner-gray Foundation Inc: 48 mo reserves · -126% margin earns a F 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 Lerner-gray 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 Lerner-gray Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $105K (FY2014) to $44K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-125.7%
Spent more than it raised in the latest fiscal year.
Total assets
$394K
Total liabilities
$0
Net assets
$394K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $43,665▼23.6% | $98,551▲16.2% | $394,062▼12.2% | $394,062▼12.2% | 990PF |
| 2023 | $57,169▲139% | $84,840▲4.3% | $448,948▼5.8% | $448,948▼5.8% | 990PF |
| 2022 | $23,949▼61.5% | $81,347▼8.3% | $476,619▼10.7% | $476,619▼10.7% | 990PF |
| 2021 | $62,264▲31.4% | $88,703▲4.3% | $534,017▼4.7% | $534,017▼4.7% | 990PF |
| 2020 | $47,397▼39.5% | $85,063▼25.5% | $560,456▼6.3% | $560,456▼6.3% | 990PF |
| 2019 | $78,330▲34.6% | $114,246▲11.1% | $598,122▼8.9% | $598,122▼8.9% | 990PF |
| 2018 | $58,196▲105% | $102,877▲17.3% | $656,358▼6.4% | $656,358▼6.4% | 990PF |
| 2017 | $28,383▼92.9% | $87,728▲1.3% | $701,039▼7.8% | $701,039▼7.8% | 990PF |
| 2016 | $401,945▲15070% | $86,615▼6.5% | $760,384▲70.8% | $760,384▲70.8% | 990PF |
| 2015 | -$2,685▼103% | $92,613▲28.8% | $445,174▼17.8% | $445,174▼17.8% | 990PF |
| 2014 | $105,354 | $71,880▲367% | $541,780▲36.8% | $541,780▲36.8% | 990PF |
| 2011 | — | $15,400 | $396,030 | $396,030 | 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.
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Data for Lerner-gray Foundation Inc (EIN 13-6113576) 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.