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Wharton Charitable Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201681977 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Wharton Charitable Fund Inc?

Wharton Charitable Fund Inc is a nonprofit organization situated in the Greater Memphis community. Their primary mission is to provide economic and educational assistance to the city's underprivileged population, with a special focus on its youth. They strive to uplift the less fortunate by offering educational resources and economic support, ensuring a brighter future for the young generation.

Is Wharton Charitable Fund Inc legitimate?

Wharton Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wharton Charitable Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wharton Charitable Fund Inc?

Wharton Charitable Fund Inc's mission is centered around providing economic assistance and education to the less fortunate, with a specific focus on the youth in the wider Memphis community. Their objective is to empower the underprivileged by offering financial aid and educational resources, thereby contributing to their overall improvement and development. The organization is committed to making a significant impact in the lives of its beneficiaries, aiming to uplift their socio-economic status and secure a brighter future for them.

Who is the CEO of Wharton Charitable Fund Inc?

Ruby Wharton is the Director of Wharton Charitable Fund Inc.

What is the revenue of Wharton Charitable Fund Inc?

Wharton Charitable Fund Inc's revenue in 2022 was $12,151.

Who are the executives of Wharton Charitable Fund Inc and what are their salaries?

There 5 volunteers at Wharton Charitable Fund Inc.


Here are 4 key members and their salaries:


A C Wharton Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre C Wharton (Dir./Vice Char)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruby Wharton (Dir./Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica N Wharton (Dir./Sec./Treas.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wharton Charitable Fund Inc?

Wharton Charitable Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wharton Charitable Fund Inc

Wharton Charitable Fund Inc is an organization dedicated to providing economic assistance and education to the impoverished and underprivileged residents of the greater Memphis community, with a special focus on the city's youth. Their mission is centered around offering economic support and educational opportunities to those in need, aiming to uplift and empower the less fortunate individuals within the community. By providing these crucial resources, Wharton Charitable Fund Inc strives to create a more equitable and prosperous society in Memphis, with a particular emphasis on nurturing the younger generation to help them thrive.

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Impact




August, 2024

Wharton Charitable Fund Inc's impact is focused on providing economic assistance and education to the poor and underprivileged in the greater Memphis community, with a particular focus on the youth of the city. Through their activities, they aim to support and empower individuals who may face economic challenges and lack access to educational opportunities. Their mission to provide assistance in these key areas demonstrates a commitment to creating positive change and opportunities for those in need within the community.




This information is meant to be a general summary of Wharton Charitable Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$12,151 (2022)
Expenses
$18,642 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $12,151

Assets and Liabilities:

  • Total Assets: $122,515
  • Total Liabilities: $3,390
  • Net Assets: $119,125

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOLF TOURNAMENT FEES
Advertisement Income
Beverage Cart Sponsor

Organization Details

Founding Year

2004

Principal Officer

Ruby Wharton

Main Address

1450 POPLAR AVENUE, MEMPHIS, TN, 38104

NTEE Category

Code: B12 - Education

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