Max B Tharpe Charitable Foundation Inc is a 501(c)(3) organization based in Ft Lauderdale, Florida, registered in 2008, with $19,561 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$20K
▲ 5.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$192K
Net assets
$122K
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 Max B Tharpe Charitable 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 Max B Tharpe Charitable Foundation Inc: 8 mo reserves · -879% 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 Max B Tharpe Charitable 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 Max B Tharpe Charitable Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $145K (FY2020) to $20K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-879.4%
Spent more than it raised in the latest fiscal year.
Total assets
$122K
Total liabilities
$0
Net assets
$122K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,561▲5.9% | $191,588▲96.6% | $122,312▼74.0% | $122,312▼74.0% | 990PF |
| 2023 | $18,465▼53.0% | $97,446▲16.8% | $470,853▼14.4% | $470,853▼14.4% | 990PF |
| 2022 | $39,317▼33.1% | $83,432▼72.5% | $549,834▼7.4% | $549,834▼7.4% | 990PF |
| 2021 | $58,760▼59.6% | $303,829▲20.7% | $593,949▼29.2% | $593,949▼29.2% | 990PF |
| 2020 | $145,307 | $251,816 | $839,018 | $839,018 | 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 Max B Tharpe Charitable Foundation Inc (EIN 26-1569652) 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.