Philanthropy & Grantmaking (T30) IRS Verified DX Registered 990 on File

PETTY FAMILY FOUNDATION INC

EIN: 80-0483917 · RANDLEMAN, NC 27317-8008 · United States · FY 2024 Data

3 out of 5 57 / 100 Based on 2+ years of filings

Financial strength (30%) 90/100

Reliability (20%) 50/100

Effectiveness (25%) 80/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Founded in 2008, the Petty Family Foundation has a strong belief in family values, integrity, and compassion for others. It is these ideals upon which we built our foundation, providing the tools necessary to empower those who help others. By focusing our mission on healthcare and enriching the lives of our country's servicemen and women, we will continue a legacy of success and vision of humanity.

Financial Overview — FY 2024

$419K

Total Revenue

$390K

Total Expenses

$237K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 73.1%

Fundraising Efficiency 0.0%

Operating Reserve 7.30x

Liability-to-Asset 0.0%

Revenue Diversification 69.3%

Executive Compensation $131K

Compared with Peers

FY 2024

Compared with 16,669 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	73.1%	90.2%	P10P90	Bottom quarter
Admin expense ratio Management and general / total expenses · lower is better	26.9%	7.9%	P10P90	Bottom quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	7.3%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	7.3 mo	95.2 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	69.3%	90.5%	P10P90	Top quarter
Revenue growth Year over year revenue growth	29.4%	18.5%	P10P90
Expense growth Year over year expense growth	30.5%	6.7%	P10P90
Surplus margin Surplus as a share of revenue	7.0%	1.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$419K	$390K	$237K	73.1%	0
2023	$324K	$299K	$208K	68.0%	0
2022	$227K	$210K	$183K	62.9%	0
2021	$272K	$169K	N/A	—	3

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Organization Details

EIN: 80-0483917
State: NC
City: RANDLEMAN
ZIP: 27317-8008
Classification: T30
Category: Philanthropy & Grantmaking
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2008
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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