William C Ethridge Foundation Inc is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 2014, with $762,430 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$762K
▲ 18.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$601K
Net assets
$9.4M
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 William C Ethridge 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 →
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 William C Ethridge Foundation Inc: 188 mo reserves · +21% 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 William C Ethridge 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 →
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 William C Ethridge Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $400K (FY2015) to $762K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
21.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.4M
Total liabilities
$0
Net assets
$9.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $762,430▲18.9% | $601,358▲3.2% | $9,398,073▲1.7% | $9,398,073▲1.7% | 990PF |
| 2023 | $641,434▼57.1% | $582,534▲8.7% | $9,237,001▼2.2% | $9,237,001▼2.2% | 990PF |
| 2021 | $1,493,460▲73.5% | $536,132▲8.5% | $9,448,175▲11.3% | $9,448,175▲11.3% | 990PF |
| 2020 | $860,899▲72.9% | $494,220▼1.6% | $8,490,847▲4.5% | $8,490,847▲4.5% | 990PF |
| 2019 | $497,945▼5.0% | $502,367▼14.2% | $8,124,168▼0.1% | $8,124,169▼0.1% | 990PF |
| 2018 | $524,074▼29.6% | $585,266▲15.6% | $8,128,590▼0.7% | $8,128,590▼0.7% | 990PF |
| 2017 | $744,437▲65.0% | $506,071▼25.7% | $8,189,782▲3.0% | $8,189,782▲3.0% | 990PF |
| 2016 | $451,123▲12.9% | $681,383▲38.5% | $7,951,416▼2.8% | $7,951,416▼2.8% | 990PF |
| 2015 | $399,579 | $492,112 | $8,181,676 | $8,181,676 | 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 William C Ethridge Foundation Inc (EIN 58-2000825) 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.