Porter-leath Early Childhood Foundation is a 501(c)(3) organization based in Memphis, Tennessee, registered in 2004, with $260,713 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$261K
▼ 44.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$234K
Net assets
$5.3M
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 Porter-leath Early Childhood 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 Porter-leath Early Childhood Foundation: 272 mo reserves · +10% 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 Porter-leath Early Childhood 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 Porter-leath Early Childhood Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $289K (FY2015) to $261K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$0
Net assets
$5.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $260,713▼44.4% | $233,582▼8.8% | $5,288,114▲6.1% | $5,288,114▲6.1% | 990 |
| 2023 | $468,642▲265% | $256,010▲62.8% | $4,984,980▲11.3% | $4,984,980▲11.3% | 990 |
| 2022 | $128,278▼82.7% | $157,293▼63.6% | $4,479,735▲0.2% | $4,480,710▲0.2% | 990 |
| 2021 | $740,435▲51.6% | $432,514▲39.8% | $4,471,595▼8.9% | $4,471,595▼8.9% | 990 |
| 2020 | $488,328▲68.9% | $309,373▲182% | $4,906,485▲150% | $4,906,485▲150% | 990 |
| 2015 | $289,054 | $109,680 | $1,962,447 | $1,962,447 | 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 Porter-leath Early Childhood Foundation (EIN 20-1045305) 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.