Skip to content
ProPublica Donate
ProPublica Donate

Luke And Becky Corbett Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
−$125k (2023)

Expenses
$336k (2023)

Total Assets
$4.39M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$124,545
Expenses
$335,660
Net Income
-$460,205
Net Assets
$4,394,067
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $675
Dividends $33,562
Sales of Assets -$158,782
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $305,000
90.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,394,067
Total Liabilities $0
Net Assets $4,394,067
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$330,573
Expenses
$389,022
Net Income
-$58,449
Net Assets
$4,854,166
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $39,192
11.9%
Dividends $99,039
30.0%
Sales of Assets $192,342
58.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $351,750
90.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,854,166
Total Liabilities $0
Net Assets $4,854,166
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$503,823
Expenses
$338,445
Net Income
$165,378
Net Assets
$4,912,615
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $51,396
10.2%
Dividends $92,804
18.4%
Sales of Assets $359,623
71.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $298,000
88.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,914,332
Total Liabilities $1,717
Net Assets $4,912,615
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$292,749
Expenses
$269,726
Net Income
$23,023
Net Assets
$4,747,237
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $46,254
15.8%
Dividends $60,735
20.7%
Sales of Assets $185,760
63.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $235,800
87.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,747,422
Total Liabilities $185
Net Assets $4,747,237
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$166,022
Expenses
$229,770
Net Income
-$63,748
Net Assets
$4,724,213
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $53,148
32.0%
Dividends $103,262
62.2%
Sales of Assets $9,612
5.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $196,000
85.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,724,214
Total Liabilities $1
Net Assets $4,724,213
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$264,535
Expenses
$224,101
Net Income
$40,434
Net Assets
$4,787,962
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $56,838
21.5%
Dividends $94,917
35.9%
Sales of Assets $112,780
42.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $187,700
83.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,787,962
Total Liabilities $0
Net Assets $4,787,962
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$130,695
Expenses
$547,424
Net Income
-$416,729
Net Assets
$4,747,528
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $16,807
12.9%
Dividends $88,743
67.9%
Sales of Assets $25,145
19.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $512,558
93.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,747,528
Total Liabilities $0
Net Assets $4,747,528
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$212,331
Expenses
$133,981
Net Income
$78,350
Net Assets
$5,164,257
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $6,598
3.1%
Dividends $131,315
61.8%
Sales of Assets $74,418
35.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $96,367
71.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,164,257
Total Liabilities $0
Net Assets $5,164,257
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$190,782
Expenses
$140,012
Net Income
$50,770
Net Assets
$5,085,907
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $10,754
5.6%
Dividends $130,008
68.1%
Sales of Assets $50,020
26.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $108,400
77.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,085,907
Total Liabilities $0
Net Assets $5,085,907
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$387,555
Expenses
$737,687
Net Income
-$350,132
Net Assets
$5,035,137
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $75,830
19.6%
Dividends $100,517
25.9%
Sales of Assets $211,208
54.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $704,250
95.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,035,993
Total Liabilities $856
Net Assets $5,035,137
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$240,767
Expenses
$287,165
Net Income
-$46,398
Net Assets
$5,385,269
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $57,515
23.9%
Dividends $86,652
36.0%
Sales of Assets $96,600
40.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $256,600
89.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,385,269
Total Liabilities $0
Net Assets $5,385,269
Compensation
Key Employees and Officers Compensation Other
Lucius Corbett (President/Board Member) $0 $0
Sally Rebecca Corbett (Secretary/Board Member) $0 $0
Carrie Corbett Loxton (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$194,127
Expenses
$64,994
Net Income
$129,133
Net Assets
$5,431,666
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $67,310
34.7%
Dividends $88,435
45.6%
Sales of Assets $38,382
19.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $35,300
54.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,431,667
Total Liabilities $1
Net Assets $5,431,666

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$235,013
Expenses
$192,018
Net Income
$42,995
Net Assets
$5,302,534
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $74,958
31.9%
Dividends $134,809
57.4%
Sales of Assets $25,246
10.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $161,050
83.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,303,425
Total Liabilities $891
Net Assets $5,302,534

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us