National Foundation For Care of the Indigent & Elderly is a 501(c)(3) organization based in Asheville, North Carolina, registered in 1998, with $9,279 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$9,279
▲ 1049.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$18K
Net assets
$60K
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 National Foundation For Care of the Indigent & Elderly— 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 National Foundation For Care of the Indigent & Elderly: 40 mo reserves · -91% 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 National Foundation For Care of the Indigent & Elderly— 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 National Foundation For Care of the Indigent & Elderly: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2,600 (FY2013) to $9,279 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-91.3%
Spent more than it raised in the latest fiscal year.
Total assets
$60K
Total liabilities
$0
Net assets
$60K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,279▲1050% | $17,754▲492% | $59,895 | $59,895 | 990 |
| 2023 | $807 | $3,000▼75.6% | $0 | $0 | 990 |
| 2022 | $0 | $12,300▼71.4% | $0 | $0 | 990 |
| 2021 | $0▼100% | $43,042▲126% | $0▼100% | $0▼100% | 990 |
| 2020 | $11,031▼38.7% | $19,014▼35.2% | $100,819▼93.4% | $100,819▼93.4% | 990 |
| 2019 | $17,998▼33.7% | $29,358▼90.0% | $1,534,705▼0.7% | $1,534,705▼17.8% | 990 |
| 2018 | $27,150▲866% | $293,277▼18.7% | $1,546,065 | $1,867,065 | 990 |
| 2017 | $2,810▼72.7% | $360,940▲161% | $0▼100% | $0▼100% | 990 |
| 2016 | $10,300▲68.9% | $138,160▲102% | $2,170,320▼5.6% | $2,170,320▼5.6% | 990 |
| 2015 | $6,100▼42.5% | $68,412▼1.8% | $2,298,180▼2.6% | $2,298,180▼4.5% | 990 |
| 2014 | $10,600▲308% | $69,672▼0.1% | $2,360,492▼4.4% | $2,405,492▼3.1% | 990 |
| 2013 | $2,600 | $69,750▲29655% | $2,469,564▼9.9% | $2,481,564▼10.7% | 990 |
| 2012 | — | -$236 | $2,741,714 | $2,779,914 | 990 |
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 National Foundation For Care of the Indigent & Elderly (EIN 56-2071597) 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.