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Nonprofit · EIN 30-0112321

CHARLES L YOUNG SR FOUNDATION

Also known as CHARLES L YOUNG SR

Tax-exempt · MERIDIAN, MS 39302

Financials

$58K$102K2023$54K$82K2024
Revenue Expenses · by fiscal year end
Financials of CHARLES L YOUNG SR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$53,980$82,178-$28,198$0$0$0
December 31, 2023990-PF$58,010$102,488-$44,478$1,628,863$0$1,628,863
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$53,980

Expenses

Grants and similar amounts paid
$58,340
Compensation of officers, directors and key employees
$12,680
Disbursements for charitable purposes
$58,340
Excise tax on investment income
$1,061

Balance sheet and other

Total assets, start of year
$1,628,863
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets, end of year
$0
Fair market value of assets
$1,743,984
Qualifying distributions
$58,340
Net investment income
$76,297

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ARTHUR S YOUNG
110 PREWITT CIRCLE, RICHLAND, MS 39218
TRUSTEE10$4,854
CHARLES L YOUNG JR
425 26TH AVENUE, MERIDIAN, MS 39301
TRUSTEE10$4,472
VELDORE YOUNG GRAHAM
PO BOX 1970, MERIDIAN, MS 39301
TRUSTEE10$3,354
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
ARTHUR S YOUNG
110 PREWITT CIRCLE, RICHLAND, MS 39218
TRUSTEE10$5,972
CHARLES L YOUNG JR
425 26TH AVENUE, MERIDIAN, MS 39301
TRUSTEE10$4,472
VELDORE YOUNG GRAHAM
P O BOX 1970, MERIDIAN, MS 39302
TRUSTEE10$4,472
DEIDRE MELTON
1420 E ARKANSAS DR, AURORA, CO 80012
TRUSTEE0$0

Address and contacts

Address (IRS master file)
PO BOX 2897, MERIDIAN, MS 39302-2897
In care of
% CHARLES YOUNG JR
Signed the 990-PF
ARTHUR YOUNG, TRUSTEE
Phone
(601) 693-2871
Return prepared by
TAXWORKS PRO LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
30-0112321
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2002
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1
Income (IRS master file)
$53,980

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$53,980$82,178$0XML
990-PFDecember 2023$58,010$102,488$1,628,863XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0112321).

Questions about CHARLES L YOUNG SR FOUNDATION

What is the EIN of CHARLES L YOUNG SR FOUNDATION?
The employer identification number (EIN) of CHARLES L YOUNG SR FOUNDATION is 30-0112321.
Is CHARLES L YOUNG SR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to CHARLES L YOUNG SR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHARLES L YOUNG SR FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CHARLES L YOUNG SR FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHARLES L YOUNG SR FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CHARLES L YOUNG SR FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $4,854 (ARTHUR S YOUNG, TRUSTEE).
How much revenue does CHARLES L YOUNG SR FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $53,980, expenses of $82,178 and total assets of $0 at year end.

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