The Jim & Betty Young Family Foundation
Only null% goes to programs Strong reserves Growing revenue
The Jim & Betty Young Family Foundation is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 2007, with $59,818 in FY2024 revenue. CharityIndex grades it C+.
3301 Colvard Park Way, Charlotte, NC, 28269 EIN 20-1819749 Since 2007
Revenue (FY2024)
$60K
▲ 48.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$56K
Net assets
$459K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Jim & Betty Young Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating99 mo reserves · +7% 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 Jim & Betty Young Family Foundation: 99 mo reserves · +7% margin earns a B+ 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 Jim & Betty Young Family 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 Jim & Betty Young Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3301 Colvard Park Way, Charlotte, NC, 28269
- City
- Charlotte
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $30K (FY2013) to $60K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,000Net assets $459K
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$460K
Total liabilities
$1,000
Net assets
$459K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $59,818▲48.4% | $55,533▲4.2% | $458,706▲0.9% | $459,705▲0.9% | 990PF |
| 2023 | $40,298▲136% | $53,282▲42.7% | $454,421▼2.8% | $455,421▼2.8% | 990PF |
| 2022 | $17,054▼59.5% | $37,336▼44.4% | $467,405▲12.7% | $468,405▲13.0% | 990PF |
| 2021 | $42,079▲77.2% | $67,150▲6.3% | $414,616▼5.7% | $414,616▼5.7% | 990PF |
| 2020 | $23,751▼9.6% | $63,176▲43.0% | $439,687▼8.2% | $439,687▼8.2% | 990PF |
| 2019 | $26,259▼32.5% | $44,186▼34.7% | $479,112▼3.6% | $479,112▼3.6% | 990PF |
| 2018 | $38,889▲35.4% | $67,645▲28.9% | $497,039▼5.5% | $497,039▼5.5% | 990PF |
| 2017 | $28,714▲43.0% | $52,483▲2.3% | $525,795▼4.3% | $525,795▼4.3% | 990PF |
| 2016 | $20,078▼70.1% | $51,313▼28.5% | $549,564▼5.4% | $549,564▼5.4% | 990PF |
| 2015 | $67,229▲65.2% | $71,746▼15.5% | $580,799▼0.8% | $580,799▼0.8% | 990PF |
| 2014 | $40,692▲36.3% | $84,866▲4.9% | $585,316▼7.0% | $585,316▼7.0% | 990PF |
| 2013 | $29,858 | $80,882▲11.8% | $629,490▼7.5% | $629,490▼7.5% | 990PF |
| 2012 | — | $72,363 | $680,514 | $680,514 | 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.
Similar organizations in Philanthropy
Compare The Jim & Betty Young Family Foundation
Frequently asked questions
- Is The Jim & Betty Young Family Foundation a legitimate nonprofit?
- Yes. The Jim & Betty Young Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1819749, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is The Jim & Betty Young Family Foundation's EIN?
- The Jim & Betty Young Family Foundation's Employer Identification Number (EIN) is 20-1819749.
- How much revenue does The Jim & Betty Young Family Foundation report?
- The Jim & Betty Young Family Foundation reported $59,818 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Jim & Betty Young Family Foundation have?
- CharityIndex grades The Jim & Betty Young Family Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Charlotte
Explore more
Data for The Jim & Betty Young Family Foundation (EIN 20-1819749) 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.