Raymond A and Gertrude D Hyer Charitable Foundation is a 501(c)(3) organization based in Wheeling, West Virginia, registered in 2012, with $3,116,550 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.1M
▲ 272.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.8M
Net assets
$23.4M
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 Raymond A and Gertrude D Hyer 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 →
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 Raymond A and Gertrude D Hyer Charitable Foundation: 160 mo reserves · +44% 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 Raymond A and Gertrude D Hyer 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 →
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 Raymond A and Gertrude D Hyer Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $337K (FY2013) to $3.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
43.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23.4M
Total liabilities
$0
Net assets
$23.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,116,550▲273% | $1,751,684▼0.9% | $23,354,945▲6.2% | $23,354,945▲6.2% | 990PF |
| 2023 | $836,599▼34.2% | $1,767,155▼5.4% | $21,990,079▼4.1% | $21,990,079▼4.1% | 990PF |
| 2022 | $1,271,175▼5.1% | $1,868,266▲19.5% | $22,920,635▼2.5% | $22,920,635▼2.5% | 990PF |
| 2021 | $1,340,035▲12.4% | $1,563,141▲84.2% | $23,517,726▼0.9% | $23,517,726▼0.9% | 990PF |
| 2020 | $1,192,187▼91.6% | $848,385▲19.1% | $23,740,832▲1.5% | $23,740,832▲1.5% | 990PF |
| 2019 | $14,235,211▲1541% | $712,261▲4.0% | $23,397,030▲137% | $23,397,030▲137% | 990PF |
| 2018 | $867,686▲81.4% | $684,919▲6.7% | $9,874,080▲1.9% | $9,874,080▲1.9% | 990PF |
| 2017 | $478,414▲18.0% | $641,961▼5.9% | $9,691,313▼1.7% | $9,691,313▼1.7% | 990PF |
| 2016 | $405,592▲17.6% | $681,860▼0.1% | $9,854,860▼2.7% | $9,854,860▼2.7% | 990PF |
| 2015 | $344,854▼3.9% | $682,758▲7.8% | $10,131,128▼3.2% | $10,131,128▼3.2% | 990PF |
| 2014 | $358,739▲6.6% | $633,579▲697% | $10,469,032▼2.6% | $10,469,032▼2.6% | 990PF |
| 2013 | $336,511 | $79,494▲4253% | $10,743,872▲2.5% | $10,743,872▲2.5% | 990PF |
| 2012 | — | $1,826 | $10,486,855 | $10,486,855 | 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 Raymond A and Gertrude D Hyer Charitable Foundation (EIN 45-4168812) 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.