Ned R Mcwherter Charitable Foundation
Only null% goes to programs Strong reserves
Ned R Mcwherter Charitable Foundation is a 501(c)(3) organization based in Jackson, Tennessee, registered in 1997, with $405,994 in FY2024 revenue. CharityIndex grades it C+.
Po Box 1762, Jackson, TN, 38302 EIN 62-1657841 Since 1997
Revenue (FY2024)
$406K
▲ 44.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$319K
Net assets
$2.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Ned R Mcwherter Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating104 mo reserves · +21% 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 Ned R Mcwherter Charitable Foundation: 104 mo reserves · +21% margin earns a B+ 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 Ned R Mcwherter Charitable Foundation— 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 Ned R Mcwherter Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1762, Jackson, TN, 38302
- City
- Jackson
- State
- Tennessee
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $244K (FY2017) to $406K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.8M
Operating margin
21.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.8M
Total liabilities
$0
Net assets
$2.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $405,994▲44.7% | $319,242▲30.6% | $2,760,083▲3.2% | $2,760,083▲3.2% | 990PF |
| 2023 | $280,560▼27.3% | $244,371▼13.0% | $2,673,360▲1.4% | $2,673,360▲1.4% | 990PF |
| 2022 | $386,164▼0.5% | $280,855▲42.9% | $2,637,267▲4.2% | $2,637,267▲4.2% | 990PF |
| 2021 | $388,239▲42.0% | $196,531▼3.9% | $2,532,135▲8.2% | $2,532,135▲8.2% | 990PF |
| 2020 | $273,326▼7.4% | $204,513▲52.0% | $2,340,401▲3.0% | $2,340,401▲3.0% | 990PF |
| 2019 | $295,186▼54.2% | $134,557▲52.2% | $2,273,095▲7.6% | $2,273,095▲7.6% | 990PF |
| 2018 | $645,000▲164% | $88,417▼28.7% | $2,112,758▲35.7% | $2,112,758▲35.7% | 990PF |
| 2017 | $244,041 | $123,925 | $1,557,052 | $1,557,052 | 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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Frequently asked questions
- Is Ned R Mcwherter Charitable Foundation a legitimate nonprofit?
- Yes. Ned R Mcwherter Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1657841, based in Jackson, Tennessee. Donations are tax-deductible.
- What is Ned R Mcwherter Charitable Foundation's EIN?
- Ned R Mcwherter Charitable Foundation's Employer Identification Number (EIN) is 62-1657841.
- How much revenue does Ned R Mcwherter Charitable Foundation report?
- Ned R Mcwherter Charitable Foundation reported $405,994 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ned R Mcwherter Charitable Foundation have?
- CharityIndex grades Ned R Mcwherter Charitable Foundation C+, based on financial health (reserves and operating margin).
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Data for Ned R Mcwherter Charitable Foundation (EIN 62-1657841) 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.