Nonprofit · EIN 88-4200099
SPOTSWOOD CHARITABLE FOUNDATION INC
Tax-exempt · MOREHEAD CITY, NC 28557
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,308,117 | $873,230 | $434,887 | $8,805,640 | $0 | $8,805,640 |
| December 31, 2024 | 990-PF | $766,378 | $782,692 | -$16,314 | $8,762,679 | $0 | $8,762,679 |
| December 31, 2023 | 990-PF | $14,622,091 | $739,034 | $13,883,057 | $8,780,375 | $0 | $8,780,375 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $520,101
- Dividends
- $480,424
- Net gain from sales of assets
- $307,592
Expenses
- Grants and similar amounts paid
- $728,243
- Compensation of officers, directors and key employees
- $60,000
- Disbursements for charitable purposes
- $788,243
- Excise tax on investment income
- $9,869
Balance sheet and other
- Total assets, start of year
- $8,762,679
- Total assets, end of year
- $8,805,640
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,805,640
- Fair market value of assets
- $19,634,674
- Qualifying distributions
- $788,243
- Net investment income
- $783,539
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLTON BURNS 402 SANDFIDDLER COURT, MOREHEAD CITY, NC 28557 | DIRECTOR | 12 | $60,000 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLTON BURNS 402 SANDFIDDLER COURT, MOREHEAD CITY, NC 28557 | DIRECTOR | 12 | $66,000 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLTON BURNS 402 SANDFIDDLER COURT, MOREHEAD CITY, NC 28557 | DIRECTOR | 12 | $36,000 |
Address and contacts
- Address (IRS master file)
- 402 SANDFIDDLER CT, MOREHEAD CITY, NC 28557-2530
- Signed the 990-PF
- CHARLTON BURNS, DIRECTOR
- Phone
- (252) 675-9550
- Return prepared by
- CREATIVE PLANNING TAX 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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-4200099
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $8,805,640
- Income (IRS master file)
- $1,461,758
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,308,117 | $873,230 | $8,805,640 | IRS |
| 990-PF | December 2024 | $766,378 | $782,692 | $8,762,679 | IRS |
| 990-PF | December 2023 | $14,622,091 | $739,034 | $8,780,375 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-4200099).
Questions about SPOTSWOOD CHARITABLE FOUNDATION INC
- What is the EIN of SPOTSWOOD CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of SPOTSWOOD CHARITABLE FOUNDATION INC is 88-4200099.
- Is SPOTSWOOD CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to SPOTSWOOD CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SPOTSWOOD CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SPOTSWOOD CHARITABLE FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPOTSWOOD CHARITABLE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of SPOTSWOOD CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $60,000 (CHARLTON BURNS, DIRECTOR).
- How much revenue does SPOTSWOOD CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,308,117, expenses of $873,230 and total assets of $8,805,640 at year end.
Other nonprofits in MOREHEAD CITY
- CARTERET COUNTY GENERAL HOSPITAL FOUNDATION CORPORATION EIN 56-1901288 · last filed 990 for 2025
- MICHAEL AND SUZANNE STOSKOPF FOUNDATION EIN 84-5054509 · last filed 990-PF for 2025
- BIG ROCK FOUNDATION INC EIN 56-2189146 · last filed 990 for 2025
- EMILY MONK DAVIDSON FOUNDATION INC EIN 56-2029548 · last filed 990-PF for 2025
- JAMES 123 INC EIN 47-5197024 · last filed 990-PF for 2025
- BRANDT ANIMAL CARE FUND INC EIN 20-0458499 · last filed 990-PF for 2025
- STREAMLINE FOUNDATION EIN 92-1303411 · last filed 990-PF for 2024
- BIG ROCK SPORTS CONSERVATION FOUNDATION EIN 82-3844447 · last filed 990-EZ for 2024
All nonprofits in MOREHEAD CITY · North Carolina · Philanthropy, voluntarism and grantmaking foundations