The Husky Rack & Wire Charitable Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
The Husky Rack & Wire Charitable Foundation is a 501(c)(3) organization based in Denver, North Carolina, with $11,898 in FY2023 revenue. CharityIndex grades it F.
Po Box 64, Denver, NC, 28037 EIN 04-2752657
Revenue (FY2023)
$12K
▼ 35.4% vs prior year
Expenses (FY2023)
$35K
Net assets
$630K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 The Husky Rack & Wire 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 →
FFinancial health25% of the rating215 mo reserves · -196% 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 The Husky Rack & Wire Charitable Foundation: 215 mo reserves · -196% margin earns a F 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 The Husky Rack & Wire 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 The Husky Rack & Wire 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 64, Denver, NC, 28037
- City
- Denver
- State
- North Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $75K (FY2014) to $12K (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $630K
Operating margin
-196.4%
Spent more than it raised in the latest fiscal year.
Total assets
$630K
Total liabilities
$0
Net assets
$630K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $11,898▼35.4% | $35,262▼13.2% | $630,408▲19.0% | $630,408▲19.0% | 990PF |
| 2022 | $18,411▼10.2% | $40,633▲47.6% | $529,943▲6.0% | $529,943▲6.0% | 990PF |
| 2021 | $20,513▼72.5% | $27,524▲16.0% | $499,914▼22.0% | $499,914▼22.0% | 990PF |
| 2020 | $74,515▲277% | $23,733▼17.6% | $641,091▲15.1% | $641,091▲15.1% | 990PF |
| 2019 | $19,741▼73.7% | $28,816▲81.2% | $557,079▲385% | $557,079▲385% | 990PF |
| 2014 | $75,005 | $15,900▲45329% | $114,893▲453% | $114,893▲453% | 990PF |
| 2012 | — | $35 | $20,784▲0.3% | $20,784 | 990PF |
| 2011 | — | $35 | $20,730 | $20,780 | 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 The Husky Rack & Wire Charitable Foundation a legitimate nonprofit?
- Yes. The Husky Rack & Wire Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2752657, based in Denver, North Carolina. Donations are tax-deductible.
- What is The Husky Rack & Wire Charitable Foundation's EIN?
- The Husky Rack & Wire Charitable Foundation's Employer Identification Number (EIN) is 04-2752657.
- How much revenue does The Husky Rack & Wire Charitable Foundation report?
- The Husky Rack & Wire Charitable Foundation reported $11,898 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does The Husky Rack & Wire Charitable Foundation have?
- CharityIndex grades The Husky Rack & Wire Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for The Husky Rack & Wire Charitable Foundation (EIN 04-2752657) 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.