William R Gunby Jr Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
William R Gunby Jr Charitable Foundation is a 501(c)(3) organization based in Brevard, North Carolina, registered in 2016, with $64,730 in FY2024 revenue. CharityIndex grades it F.
987 Kanasgowa Dr, Brevard, NC, 28712 EIN 47-7244438 Since 2016
Revenue (FY2024)
$65K
▼ 1.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$135K
Net assets
$1.4M
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 William R Gunby Jr 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 rating120 mo reserves · -108% 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 William R Gunby Jr Charitable Foundation: 120 mo reserves · -108% 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 William R Gunby Jr 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 William R Gunby Jr Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 987 Kanasgowa Dr, Brevard, NC, 28712
- City
- Brevard
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $20K (FY2016) to $65K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.4M
Operating margin
-108.1%
Spent more than it raised in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$0
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $64,730▼1.4% | $134,684▼6.1% | $1,352,280▼4.2% | $1,352,280▼4.2% | 990PF |
| 2023 | $65,632▲541% | $143,441▼6.0% | $1,410,961▼4.1% | $1,410,961▼4.2% | 990PF |
| 2022 | -$14,890▼108% | $152,671▼0.2% | $1,470,560▼9.0% | $1,472,526▼8.9% | 990PF |
| 2021 | $189,266▲103% | $152,939▼15.2% | $1,615,540▲2.8% | $1,615,540▲2.8% | 990PF |
| 2020 | $93,261▲32.9% | $180,273▲56.3% | $1,572,191▼5.0% | $1,572,191▼5.0% | 990PF |
| 2019 | $70,200▼60.2% | $115,350▼23.5% | $1,655,563▼1.6% | $1,655,563▼1.6% | 990PF |
| 2018 | $176,182▲47.9% | $150,740▲25.1% | $1,682,081▲0.6% | $1,682,081▲0.6% | 990PF |
| 2017 | $119,123▲487% | $120,504▲83.7% | $1,672,688▼1.1% | $1,672,688▼1.1% | 990PF |
| 2016 | $20,301 | $65,584 | $1,691,435 | $1,691,435 | 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 William R Gunby Jr Charitable Foundation a legitimate nonprofit?
- Yes. William R Gunby Jr Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-7244438, based in Brevard, North Carolina. Donations are tax-deductible.
- What is William R Gunby Jr Charitable Foundation's EIN?
- William R Gunby Jr Charitable Foundation's Employer Identification Number (EIN) is 47-7244438.
- How much revenue does William R Gunby Jr Charitable Foundation report?
- William R Gunby Jr Charitable Foundation reported $64,730 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William R Gunby Jr Charitable Foundation have?
- CharityIndex grades William R Gunby Jr Charitable Foundation F, based on financial health (reserves and operating margin).
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Data for William R Gunby Jr Charitable Foundation (EIN 47-7244438) 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.