T W Briggs Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
T W Briggs Foundation Inc is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1961, with $806,030 in FY2024 revenue. CharityIndex grades it D.
Po Box 40105, Memphis, TN, 38174 EIN 62-6039986 Since 1961
Revenue (FY2024)
$806K
▼ 22.9% vs prior year
Expenses (FY2024)
$1.0M
Net assets
$17.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 T W Briggs Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating205 mo reserves · -25% 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 T W Briggs Foundation Inc: 205 mo reserves · -25% margin earns a D 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 T W Briggs Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 T W Briggs Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $721K (FY2013) to $806K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $268KNet assets $17.2M
Operating margin
-25.5%
Spent more than it raised in the latest fiscal year.
Total assets
$17.5M
Total liabilities
$268K
Net assets
$17.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $806,030▼22.9% | $1,011,250▼9.0% | $17,245,229▲2.8% | $17,513,616▲2.6% | 990PF |
| 2023 | $1,045,596▲9.5% | $1,110,696▲13.3% | $16,782,352▲8.1% | $17,073,239▲8.5% | 990PF |
| 2022 | $954,754▼31.8% | $980,690▼15.3% | $15,528,805▲5.4% | $15,738,522▲5.5% | 990PF |
| 2021 | $1,400,812▲108% | $1,157,967▲12.6% | $14,734,995▼18.5% | $14,922,943▼17.9% | 990PF |
| 2020 | $673,963▲60.4% | $1,028,032▲0.6% | $18,088,644▲16.1% | $18,180,278▲15.8% | 990PF |
| 2019 | $420,219▼45.1% | $1,022,360▲0.7% | $15,583,928▲3.1% | $15,701,335▲3.2% | 990PF |
| 2018 | $765,027▲39.0% | $1,015,150▲13.6% | $15,113,989▼4.6% | $15,215,250▼4.7% | 990PF |
| 2017 | $550,434▼11.9% | $893,637▲11.9% | $15,846,967▲1.8% | $15,973,607▲0.7% | 990PF |
| 2016 | $624,978▼51.8% | $798,857▼20.5% | $15,570,666▲5.4% | $15,868,107▲4.5% | 990PF |
| 2015 | $1,297,349▼6.5% | $1,004,975▲26.1% | $14,778,763▲0.9% | $15,178,863▲0.8% | 990PF |
| 2014 | $1,387,021▲92.3% | $797,130▼8.2% | $14,650,338▼6.1% | $15,052,854▼7.7% | 990PF |
| 2013 | $721,370 | $868,585▼27.2% | $15,608,460▲6.4% | $16,302,035▲5.0% | 990PF |
| 2012 | — | $1,193,207 | $14,674,670 | $15,531,145 | 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.
Frequently asked questions
- Is T W Briggs Foundation Inc a legitimate nonprofit?
- Yes. T W Briggs Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-6039986, based in Memphis, Tennessee. Donations are tax-deductible.
- What is T W Briggs Foundation Inc's EIN?
- T W Briggs Foundation Inc's Employer Identification Number (EIN) is 62-6039986.
- How much revenue does T W Briggs Foundation Inc report?
- T W Briggs Foundation Inc reported $806,030 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does T W Briggs Foundation Inc have?
- CharityIndex grades T W Briggs Foundation Inc D, based on financial health (reserves and operating margin).
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Data for T W Briggs Foundation Inc (EIN 62-6039986) 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.