George & Elizabeth Waters Trust is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1968, with $67,558 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$68K
▲ 115.8% vs prior year
Expenses (FY2024)
$78K
Net assets
$1.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for George & Elizabeth Waters Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For George & Elizabeth Waters Trust: 195 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for George & Elizabeth Waters Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For George & Elizabeth Waters Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $114K (FY2013) to $68K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-15.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$0
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $67,558▲116% | $77,901▲0.1% | $1,268,526▼0.8% | $1,268,526▼0.8% | 990PF |
| 2023 | $31,308▲1130% | $77,818▼13.7% | $1,279,003▼3.5% | $1,279,003▼3.5% | 990PF |
| 2022 | $2,546▼98.0% | $90,157▲12.5% | $1,324,729▼6.0% | $1,324,729▼6.0% | 990PF |
| 2021 | $129,427▲187% | $80,175▼6.5% | $1,409,785▲3.5% | $1,409,785▲3.5% | 990PF |
| 2020 | $45,140▼78.5% | $85,790▲7.5% | $1,361,927▼3.1% | $1,361,927▼3.1% | 990PF |
| 2019 | $209,901▲91.8% | $79,829▲0.3% | $1,405,264▲10.2% | $1,405,264▲10.2% | 990PF |
| 2018 | $109,456▲26.5% | $79,610▲6.2% | $1,275,194▲2.4% | $1,275,194▲2.4% | 990PF |
| 2017 | $86,557▲34.7% | $74,944▲7.7% | $1,245,342▲0.9% | $1,245,342▲0.9% | 990PF |
| 2016 | $64,248▼35.9% | $69,572▼19.1% | $1,233,732▼0.4% | $1,233,732▼0.4% | 990PF |
| 2015 | $100,223▼4.0% | $85,994▲13.4% | $1,239,051▲1.2% | $1,239,051▲1.2% | 990PF |
| 2014 | $104,436▼8.7% | $75,807▲22.1% | $1,224,820▲2.0% | $1,224,820▲2.0% | 990PF |
| 2013 | $114,404 | $62,086▲33.6% | $1,201,223▲4.8% | $1,201,223▲4.8% | 990PF |
| 2012 | — | $46,482▼17.8% | $1,145,749▼0.3% | $1,145,749▼0.3% | 990PF |
| 2011 | — | $56,538 | $1,148,697 | $1,148,697 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for George & Elizabeth Waters Trust (EIN 23-7007737) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.