Lucien B & Katherine E Price Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Lucien B & Katherine E Price Foundation Inc is a 501(c)(3) organization based in Charlottesville, Virginia, registered in 1940, with $193,688 in FY2024 revenue. CharityIndex grades it F.
C/o Silvercrest 230 Court Square, Charlottesville, VA, 22902 EIN 06-6068868 Since 1940
Revenue (FY2024)
$194K
▼ 38.2% vs prior year
Expenses (FY2024)
$336K
Net assets
$4.2M
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 Lucien B & Katherine E Price 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 →
FFinancial health25% of the rating149 mo reserves · -74% 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 Lucien B & Katherine E Price Foundation Inc: 149 mo reserves · -74% 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 Lucien B & Katherine E Price 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 →
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 Lucien B & Katherine E Price Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- C/o Silvercrest 230 Court Square, Charlottesville, VA, 22902
- City
- Charlottesville
- State
- Virginia
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $560K (FY2013) to $194K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.2M
Operating margin
-73.7%
Spent more than it raised in the latest fiscal year.
Total assets
$4.2M
Total liabilities
$0
Net assets
$4.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $193,688▼38.2% | $336,416▲2.9% | $4,180,408▼3.3% | $4,180,408▼3.3% | 990PF |
| 2023 | $313,569▼21.3% | $327,041▼11.8% | $4,323,136▼0.3% | $4,323,136▼0.3% | 990PF |
| 2022 | $398,602▼25.7% | $370,919▼2.2% | $4,336,608▲0.6% | $4,336,608▲0.6% | 990PF |
| 2021 | $536,384▲194% | $379,448▲15.5% | $4,308,925▲3.8% | $4,308,925▲3.8% | 990PF |
| 2020 | $182,408▼58.8% | $328,548▼26.5% | $4,151,958▼3.6% | $4,151,958▼3.7% | 990PF |
| 2019 | $442,768▼5.9% | $447,051▼8.6% | $4,307,625▲0.8% | $4,309,625▲0.9% | 990PF |
| 2018 | $470,545▼19.4% | $489,363▼2.8% | $4,272,840▼0.4% | $4,272,840▼0.4% | 990PF |
| 2017 | $583,786▲10.0% | $503,463▲11.2% | $4,291,658▲1.9% | $4,291,658▲1.9% | 990PF |
| 2016 | $530,577▲66.8% | $452,814▲12.1% | $4,211,335▲1.9% | $4,211,335▲1.9% | 990PF |
| 2015 | $318,034▼20.2% | $403,866▲11.3% | $4,133,572▼2.0% | $4,133,572▼2.0% | 990PF |
| 2014 | $398,431▼28.9% | $362,809▲8.9% | $4,219,404▲0.9% | $4,219,404▲0.9% | 990PF |
| 2013 | $560,231 | $333,152▲9.8% | $4,183,782▲5.7% | $4,183,782▲5.7% | 990PF |
| 2012 | — | $303,377▼1.1% | $3,956,703▲1.0% | $3,956,703▲1.0% | 990PF |
| 2011 | — | $306,674▲7.0% | $3,916,179▼0.4% | $3,916,179▼0.4% | 990PF |
| 2010 | — | $286,645 | $3,932,925 | $3,932,925 | 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 Lucien B & Katherine E Price Foundation Inc a legitimate nonprofit?
- Yes. Lucien B & Katherine E Price Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-6068868, based in Charlottesville, Virginia. Donations are tax-deductible.
- What is Lucien B & Katherine E Price Foundation Inc's EIN?
- Lucien B & Katherine E Price Foundation Inc's Employer Identification Number (EIN) is 06-6068868.
- How much revenue does Lucien B & Katherine E Price Foundation Inc report?
- Lucien B & Katherine E Price Foundation Inc reported $193,688 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lucien B & Katherine E Price Foundation Inc have?
- CharityIndex grades Lucien B & Katherine E Price Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Lucien B & Katherine E Price Foundation Inc (EIN 06-6068868) 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.