The William M King Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
The William M King Charitable Foundation is a 501(c)(3) organization based in Mcgaheysville, Virginia, registered in 1995, with $319,214 in FY2024 revenue. CharityIndex grades it F.
182 Spotswood Ln, Mcgaheysville, VA, 22840 EIN 23-7788220 Since 1995
Revenue (FY2024)
$319K
▼ 48.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$527K
Net assets
$8.0M
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 William M King 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 rating182 mo reserves · -65% 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 William M King Charitable Foundation: 182 mo reserves · -65% 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 William M King 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 William M King Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 182 Spotswood Ln, Mcgaheysville, VA, 22840
- City
- Mcgaheysville
- State
- Virginia
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $212K (FY2013) to $319K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $8.0M
Operating margin
-65.2%
Spent more than it raised in the latest fiscal year.
Total assets
$8.0M
Total liabilities
$0
Net assets
$8.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $319,214▼48.7% | $527,411▼4.3% | $7,991,755▲3.1% | $7,991,755▲3.1% | 990PF |
| 2023 | $622,410▲59.2% | $551,353▼2.5% | $7,755,131▲51.8% | $7,755,131▲51.8% | 990PF |
| 2022 | $390,897▼24.4% | $565,539▲28.2% | $5,110,452▼9.8% | $5,110,452▼9.8% | 990PF |
| 2021 | $517,336▼31.5% | $441,306▼17.4% | $5,667,451▲1.4% | $5,667,451▲1.4% | 990PF |
| 2020 | $754,755▲77.1% | $534,508▲12.6% | $5,591,421▲4.1% | $5,591,421▲4.1% | 990PF |
| 2019 | $426,072▲73.5% | $474,615▼5.4% | $5,371,177▼0.9% | $5,371,177▼0.9% | 990PF |
| 2018 | $245,530▲13.6% | $501,875▲60.6% | $5,419,720▼4.5% | $5,419,720▼4.5% | 990PF |
| 2017 | $216,216▲18.9% | $312,490▼47.4% | $5,676,065▼2.1% | $5,676,065▼2.1% | 990PF |
| 2016 | $181,784▼43.4% | $594,278▼0.7% | $5,800,641▼6.8% | $5,800,641▼6.8% | 990PF |
| 2015 | $321,176▼71.7% | $598,314▲131% | $6,221,254▼4.4% | $6,221,254▼4.4% | 990PF |
| 2014 | $1,132,898▲435% | $259,252▲4.2% | $6,510,402▲15.5% | $6,510,402▲15.5% | 990PF |
| 2013 | $211,686 | $248,824▲3.7% | $5,636,756▼0.7% | $5,636,756▼0.7% | 990PF |
| 2012 | — | $239,846▼11.2% | $5,673,894▲6.3% | $5,673,894▲6.3% | 990PF |
| 2011 | — | $270,119▲2.9% | $5,335,704▼2.4% | $5,335,704▼2.4% | 990PF |
| 2010 | — | $262,565 | $5,467,673 | $5,467,673 | 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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Frequently asked questions
- Is The William M King Charitable Foundation a legitimate nonprofit?
- Yes. The William M King Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7788220, based in Mcgaheysville, Virginia. Donations are tax-deductible.
- What is The William M King Charitable Foundation's EIN?
- The William M King Charitable Foundation's Employer Identification Number (EIN) is 23-7788220.
- How much revenue does The William M King Charitable Foundation report?
- The William M King Charitable Foundation reported $319,214 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The William M King Charitable Foundation have?
- CharityIndex grades The William M King Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for The William M King Charitable Foundation (EIN 23-7788220) 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.