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North Carolina · Nonprofit

Charlotte Steeplechase Foundation Inc

Charlotte Steeplechase Foundation Inc (North Carolina) receives grants from 2 organizations whose IRS filings report $1,135 to it, the largest being THE RAFTELIS FOUNDATION ($1,125). 1 of them have funded it in more than one year.

Revenue FY2025
$-195524
Funders on record
2
Grants received
$1k
Net assets
$0
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Charlotte Steeplechase Foundation Inc does

Mission

To organize a steeplechase race and distribute funds to charity.

As stated on its FY2025 Form 990.

Program

  1. The organization has sponsored a steeplechase race each year. Grants to local charities are made from the profits of the race. In terminating the organization, remaining funds were distributed to local charities.

    $1,644,259 spentof which $1,595,276 as grants$-195,524 earned by the program
    102% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,617,622. The per-program figures do not add up to the total the return states; both are shown as filed.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($351k) Expenses 100 ($425k) Net assets 100 ($1.3M)2021 Revenue 149 ($524k) Expenses 104 ($440k) Net assets 107 ($1.4M)2022 Revenue 445 ($1.6M) Expenses 305 ($1.3M) Net assets 137 ($1.7M)2023 Revenue 518 ($1.8M) Expenses 311 ($1.3M) Net assets 176 ($2.2M)2024 Revenue -22 ($-77405) Expenses 75 ($320k) Net assets 145 ($1.8M)2025 Revenue -56 ($-195524) Expenses 387 ($1.6M) Net assets 0 ($0)
202020212022202320242025
Revenue (-56)Expenses (387)Net assets (0)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.8M to $0 (−100%).

$2.2M
$2.2M
$2.0M
$2.2M
$1.8M
$0
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of Charlotte Steeplechase Foundation Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 6 reported years ran a deficit.

−$74k
’20
$83k
’21
$263k
’22
$494k
’23
−$397k
’24
−$1.8M
’25
1.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed777666
Joined·+2+0+1+6+0
No longer listed·20260
03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income fell $1k → $5.

Funder
'19
'20
'21
total
funders
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Charlotte Steeplechase Foundation Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Charlotte Steeplechase Foundation Inc leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Charlotte Steeplechase Foundation Inc's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. $10 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Charlotte Steeplechase Foundation Inc has grown faster than three-quarters of the 9,557 recreation & sports nonprofits its size.

Operating margin941% · outside the comparable range
Revenue growth (annualized)73% · top quartile

this organization peer median middle 50% of peers· 9,557 recreation & sports nonprofits under $100k, FY2025

Organizations like Charlotte Steeplechase Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

6
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for Charlotte Steeplechase Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Charlotte Steeplechase Foundation Inc?
Charlotte Steeplechase Foundation Inc (North Carolina) receives grants from 2 organizations whose IRS filings report $1,135 to it, the largest being THE RAFTELIS FOUNDATION ($1,125). 1 of them have funded it in more than one year.
How many funders does Charlotte Steeplechase Foundation Inc have?
IRS filings report 2 organizations giving $1,135 in grants to Charlotte Steeplechase Foundation Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Charlotte Steeplechase Foundation Inc?
THE RAFTELIS FOUNDATION is the largest funder on record, with $1,125 in grants. The full list of funders is on this page.
How can an organization like Charlotte Steeplechase Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing