RoundPaper
Nonprofits/Organizations/20-4326440
Active
501(c)(3)
X11 · Religion
Form 990

Ncf Charitable Trust

EIN 20-4326440CLEARWATER, FL 33762Founded 2006WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

THE TRUSTEE MAKES GRANTS FOR CHARITABLE PURPOSES TO NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. AND OTHER CHARITABLE ORGANIZATIONS IN THE SAME CLASS

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$479.6M

-56.5%YoY

Total Expenses

$565.0M

+54.5%YoY

Net Assets

$1.7B

-14.2%YoY

Employees

0

Grants Paid

$553.2M

Program Expense Ratio

97.9%

This nonprofit profile presents IRS Form 990 tax filing data for Ncf Charitable Trust (EIN: 20-4326440), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue declined -56.5% to $479.6M
Program spending ratio of 97.9% — excellent
36.8 months of operating reserves — strong cushion
Expenses increased +54.5% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
1-member board

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

2 programs reported
97.9% of spending goes to programs
No programs generate independent revenue
$553.2M in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 2.5% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: well diversified
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Ncf Charitable Trust is a 501(c)(3) nonprofit headquartered in CLEARWATER, FL, founded in 2006. It is classified under NTEE code X11 (Single Organization Support), within the Religion category. The organization has held tax-exempt status since 2007. In its 2024 filing, the organization reported $479.6M in total revenue, a 56.5% decrease from the prior year, and $565.0M in total expenses. The organization runs 2 programs, totaling $553.2M in program expenses. 4 of 6 recommended governance policies are in place.

Ncf Charitable Trust is classified under NTEE code X11 (Single Organization Support), which falls within the Religion category. Its foundation type is 17.

Programs(Tax Year 2024)

2 records

Programs Overview

Ncf Charitable Trust operates 2 programs, with total program expenses of $553.2M. Ncf Charitable Trust's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $553,246,862

SUPPORTED THE MISSION AND PERFORMED FUNCTIONS OF THE NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. BY MAKING GRANTS TO IT AND OTHER CHARITIES IN THE SAME CLASS OF TAX-EXEMPT CHARITABLE ORGANIZATIONS.

2
Program 2

SUPPORTED THE MISSION AND PERFORMED FUNCTIONS OF THE NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. BY MAKING GRANTS TO IT AND OTHER CHARITIES IN THE SAME CLASS OF TAX-EXEMPT CHARITABLE ORGANIZATIONS.

Total Program Expenses: $553,246,862

Financial Overview(Tax Years 2020–2024)

5 records

Financial Highlights

Over the past 5 years, Ncf Charitable Trust's revenue has declined from $970.7M to $479.6M, a 50.6% decrease. Program expenses represent 98% of total spending.

Revenue decreased 56.5% year-over-year, while expenses grew 54.5%. net assets fell to $1.7B, down 14.2% from the prior year.

Ncf Charitable Trust derives 44% from contributions and grants, with 3% from investment income.

Revenue is diversified across contributions and grants (44%), investment income (3%).

Ncf Charitable Trust allocates 98% to programs, 2% to management and general.

Revenue declined by 56.5% and expenses grew by 54.5% year over year.

Ncf Charitable Trust distributed $553.2M in grants to other organizations and individuals, representing 98% of total expenses.

Over 5 filings from 2020–2024, Ncf Charitable Trust declined revenue from $970.7M to $479.6M (-50.6%) while maintaining a program expense ratio of 98%.

Ncf Charitable Trust holds $1.8B in total assets against $44.3M in liabilities (debt-to-asset ratio of 2%). The organization has 36.8 months of operating reserves. Cash and equivalents of $1.9M cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$479.6M$209.8M$0$0$13.4M
2023$1.1B$932.9M$0$0$47.5M
2022$768.5M$520.8M$0$0$121.3M
2021$763.8M$547.6M$0$0$68.2M
2020$970.7M$473.9M$0$0$126.3M

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$565.0M$553.2M$11.8M$0$553.2M
2023$365.8M$327.4M$135K$0$327.4M
2022$502.1M$480.1M$22.0M$0$480.1M
2021$394.1M$388.8M$5.3M$0$388.8M
2020$227.9M$173.5M$54.5M$0$173.5M

Program Expense Ratio

97.9%

Admin Expense Ratio

2.1%

Fundraising Efficiency

—

Operating Reserve

36.8 mo

People & Compensation(Tax Year 2024)

1 record

Compensation Summary

Ncf Charitable Trust reported compensation for 1 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
TRUSTEE
Trustee
20.00$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Ncf Charitable Trust has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 1 members, 0 of whom are independent.

Ncf Charitable Trust's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members1
Independent members0

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

16 records

Grantmaking Summary

Ncf Charitable Trust awarded $491.6M across 15 grants to organizations. Top recipients include NATIONAL CHRISTIAN CHARITABLE FDN INC (ALPHARETTA, GA) — $472.8M for giving and generosity; WHY THE CROSS MATTERS (ALPHARETTA, GA) — $4.3M for giving and generosity; SAMARITAN FOUNDATION CHARITABLE TRUST (ALPHARETTA, GA) — $2.9M for giving and generosity.

Organization Grants

RecipientLocationAmountPurpose
CHARITABLE ASSETS TRUST996327547AUSTIN, TX—GIVING AND GENEROSITY
NATIONAL CHRISTIAN CHARITABLE FDN INC581493949ALPHARETTA, GA$472.8MGIVING AND GENEROSITY
WHY THE CROSS MATTERS994581800ALPHARETTA, GA$4.3MGIVING AND GENEROSITY
SAMARITAN FOUNDATION CHARITABLE TRUST832821490ALPHARETTA, GA$2.9MGIVING AND GENEROSITY
FAMILY GENERATIONS FOUNDATION475275550ALPHARETTA, GA$2.6MGIVING AND GENEROSITY
3CR MINISTRIES FOUNDATION863382831ALPHARETTA, GA$2.2MGIVING AND GENEROSITY
OPERATION LEGACY FOUNDATION823362380ALPHARETTA, GA$1.7MGIVING AND GENEROSITY
IMPACT INVESTING CHARITABLE TRUST812375745LENEXA, KS$1.4MGIVING AND GENEROSITY
JBM COMMUNITY RESOURCES INC811805367GAINESVILLE, GA$1.3MGIVING AND GENEROSITY
CAROL ANN LEE MEMORIAL TRUST833081560ALPHARETTA, GA$994KGIVING AND GENEROSITY
ONE ACCORD SUPPORTING ORGANIZATION464367032ORLANDO, FL$629KGIVING AND GENEROSITY
SOZO SUPPORTING ORGANIZATION FUND463233560ALPHARETTA, GA$496KGIVING AND GENEROSITY
KM FOUNDATION842228787ALPHARETTA, GA$270KGIVING AND GENEROSITY
GLOBAL GENEROSITY INC475209151WACO, TX$150KGIVING AND GENEROSITY
NCF CORPORATION204281656CLEARWATER, FL$25KGIVING AND GENEROSITY
ANGIE AND LEO WELLS FOUNDATION INC463902337PEACHTREE CORNERS, GA$7KGIVING AND GENEROSITY

Filing History(Tax Years 2007–2024)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$479.6M$565.0M$1.7B
2023
990
2023-01-01 – 2023-12-31$1.1B$365.8M$2.0B
2022
990
2022-01-01 – 2022-12-31$768.5M$502.1M$1.4B
2021
990
2021-01-01 – 2021-12-31$763.8M$394.1M$1.4B
2020
990
2020-01-01 – 2020-12-31$970.7M$227.9M$1.1B
2007–2019No filings acquired yet

Frequently Asked Questions

What does Ncf Charitable Trust do?

THE TRUSTEE MAKES GRANTS FOR CHARITABLE PURPOSES TO NATIONAL CHRISTIAN CHARITABLE FOUNDATION, INC. AND OTHER CHARITABLE ORGANIZATIONS IN THE SAME CLASS

How much revenue does Ncf Charitable Trust have?

Ncf Charitable Trust reported $479,597,070 in total revenue for tax year 2024, down 56.5% from the prior year.

Who is the highest-paid executive at Ncf Charitable Trust?

, TRUSTEE, received $0 in total compensation as of tax year 2024.

Is Ncf Charitable Trust a 501(c)(3)?

Yes, Ncf Charitable Trust is classified as a 501(c)(3) tax-exempt organization.

Where is Ncf Charitable Trust located?

Ncf Charitable Trust is headquartered in CLEARWATER, FL 33762.

What type of nonprofit is Ncf Charitable Trust?

Ncf Charitable Trust is classified under NTEE code X11 (Single Organization Support), within the Religion category. It is a 501(c)(3) tax-exempt organization.

Is Ncf Charitable Trust audited?

Yes, Ncf Charitable Trust's financial statements are audited, and the organization has an audit committee.

Does Ncf Charitable Trust give grants?

Yes, Ncf Charitable Trust distributed $553,246,862 in grants to other organizations and individuals in tax year 2024. Top recipients include CHARITABLE ASSETS TRUST, NATIONAL CHRISTIAN CHARITABLE FDN INC, WHY THE CROSS MATTERS.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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