Lucille P and Edward C Giles Foundation is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 1981, with $993,981 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$994K
▲ 16.3% vs prior year
Expenses (FY2024)
$1.3M
Net assets
$19.3M
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 Lucille P and Edward C Giles Foundation— 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 Lucille P and Edward C Giles Foundation: 173 mo reserves · -35% 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 Lucille P and Edward C Giles Foundation— 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 Lucille P and Edward C Giles Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue held steady from $976K (FY2013) to $994K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-35.1%
Spent more than it raised in the latest fiscal year.
Total assets
$19.3M
Total liabilities
$0
Net assets
$19.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $993,981▲16.3% | $1,342,987▼2.0% | $19,330,783▲2.1% | $19,330,783▲2.1% | 990PF |
| 2023 | $854,356▼38.8% | $1,370,279▲8.6% | $18,926,938▲6.8% | $18,926,938▲6.8% | 990PF |
| 2022 | $1,395,061▼42.4% | $1,262,298▼47.7% | $17,717,671▼20.1% | $17,717,671▼20.1% | 990PF |
| 2021 | $2,423,228▲43.0% | $2,412,467▲78.6% | $22,175,183▲0.1% | $22,175,183▲0.1% | 990PF |
| 2020 | $1,694,638▲36.1% | $1,350,414▲17.1% | $22,148,873▲7.3% | $22,148,873▲7.3% | 990PF |
| 2019 | $1,244,797▼23.9% | $1,153,144▲2.9% | $20,636,802▲16.6% | $20,636,802▲16.6% | 990PF |
| 2018 | $1,635,930▼17.3% | $1,120,722▲5.4% | $17,706,375▼10.1% | $17,706,375▼10.1% | 990PF |
| 2017 | $1,977,819▲89.0% | $1,063,634▲5.6% | $19,700,668▲8.7% | $19,700,668▲8.7% | 990PF |
| 2016 | $1,046,343▼15.8% | $1,007,043▼11.2% | $18,126,671▲0.2% | $18,126,671▲0.2% | 990PF |
| 2015 | $1,243,015▲31.7% | $1,134,450▼3.6% | $18,097,637▼6.3% | $18,097,637▼6.3% | 990PF |
| 2014 | $943,806▼3.3% | $1,176,614▼1.4% | $19,324,213▼0.3% | $19,324,213▼0.3% | 990PF |
| 2013 | $976,134 | $1,193,604▲10.8% | $19,377,218▲12.0% | $19,377,218▲12.0% | 990PF |
| 2012 | — | $1,076,971▲1.7% | $17,294,241▲9.2% | $17,294,241▲9.2% | 990PF |
| 2011 | — | $1,059,247 | $15,842,305 | $15,842,305 | 990PF |
| 2010 | — | $0 | $0 | $0 | 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 Lucille P and Edward C Giles Foundation (EIN 58-1450874) 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.