Needham B Broughton Capital Foundation is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 2005, with $265,546 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$266K
▲ 120.2% vs prior year
Education median: $200K
Expenses (FY2023)
$59K
Net assets
$1.1M
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 Needham B Broughton Capital 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 Needham B Broughton Capital Foundation: 231 mo reserves · +78% margin earns a B+ 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 Needham B Broughton Capital 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 Needham B Broughton Capital Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $27K (FY2013) to $266K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
77.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $265,546▲120% | $58,736▼33.6% | $1,128,801▲22.4% | $1,128,801▲22.4% | 990 |
| 2022 | $120,603▲0.7% | $88,491▲6.6% | $921,991▲3.6% | $921,991▲3.6% | 990 |
| 2021 | $119,767▲101% | $83,051▲54.4% | $889,879▲4.3% | $889,879▲4.3% | 990 |
| 2020 | $59,591▲25.9% | $53,802▼1.0% | $853,163▲0.7% | $853,163▲0.7% | 990 |
| 2019 | $47,326▼72.9% | $54,324▼8.8% | $847,374▼0.8% | $847,374▼0.8% | 990 |
| 2018 | $174,667▲77.1% | $59,596▼5.6% | $854,372▲15.6% | $854,372▲15.6% | 990 |
| 2017 | $98,639▲59.4% | $63,109▲73.4% | $739,301▲5.0% | $739,301▲5.0% | 990 |
| 2016 | $61,883▲13.8% | $36,386▼39.5% | $703,771▲3.8% | $703,771▲3.8% | 990 |
| 2015 | $54,357▼8.2% | $60,120▼35.7% | $678,274▼0.8% | $678,274▼0.8% | 990 |
| 2014 | $59,234▲121% | $93,483▲100% | $684,037▼4.8% | $684,037▼4.8% | 990 |
| 2013 | $26,801 | $46,682▲252% | $718,286▼2.7% | $718,286▼2.7% | 990 |
| 2012 | — | $13,274 | $738,167 | $738,167 | 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 Needham B Broughton Capital Foundation (EIN 56-2486307) 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.