Charity Search / CHARLENE AND THOMAS MORGAN CHARITABLE FOUNDATION INC
Philanthropy & Grantmaking (T11) 990 on File

CHARLENE AND THOMAS MORGAN CHARITABLE FOUNDATION INC

EIN: 46-4277924 · RED ROCK, TX 78662-4563 · United States · FY 2024 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 79/100
Reliability (20%) 50/100
Effectiveness (25%) 31/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$1.9M
Total Revenue
$889K
Total Expenses
$9.1M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 64.3%
Fundraising Efficiency N/A
Operating Reserve 122.36x
Liability-to-Asset 0.0%
Revenue Diversification 84.3%
Executive Compensation $120K
Compared with Peers
FY 2024
Compared with 16,669 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
64.3% 90.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
122.4 mo 95.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
84.3% 90.5%
P10P90
Above median
Revenue growth
Year over year revenue growth
-2052.8% 18.5%
P10P90
Expense growth
Year over year expense growth
0.0% 6.7%
P10P90
Surplus margin
Surplus as a share of revenue
53.0% 1.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.9M $889K $9.1M 64.3% —
2023 $-96,890 $889K $8.1M 64.8% —
2022 $597K $938K $9.0M 64.4% —
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Organization Details
EIN
46-4277924
State
TX
City
RED ROCK
ZIP
78662-4563
Classification
T11
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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