H W Grout Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
H W Grout Trust is a 501(c)(3) organization based in Waterloo, Iowa, registered in 1936, with $1,839,542 in FY2024 revenue. CharityIndex grades it B.
503 South St, Waterloo, IA, 50701 EIN 23-7416881 Since 1936
Revenue (FY2024)
$1.8M
▲ 3.6% vs prior year
Expenses (FY2024)
$2.0M
Net assets
$7.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 H W Grout Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating48 mo reserves · -6% margin
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 H W Grout Trust: 48 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 H W Grout Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 H W Grout Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.6M (FY2016) to $1.8M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $394KNet assets $7.8M
Operating margin
-6.4%
Spent more than it raised in the latest fiscal year.
Total assets
$8.2M
Total liabilities
$394K
Net assets
$7.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,839,542▲3.6% | $1,956,588▼3.1% | $7,829,111▼5.5% | $8,223,350▼6.3% | 990PF |
| 2023 | $1,775,048▼32.9% | $2,018,579▼3.6% | $8,285,482▼0.9% | $8,775,480▼2.7% | 990PF |
| 2022 | $2,644,043▲28.2% | $2,092,937▲12.1% | $8,364,019▲6.5% | $9,015,503▲7.2% | 990PF |
| 2021 | $2,062,834▲17.8% | $1,866,201▲5.0% | $7,854,370▼3.4% | $8,411,069▼1.9% | 990PF |
| 2020 | $1,750,767▲22.4% | $1,777,448▼7.3% | $8,129,370▲4.7% | $8,570,898▲3.3% | 990PF |
| 2019 | $1,430,130▼18.6% | $1,917,234▼2.2% | $7,764,690▼5.9% | $8,293,684▼4.8% | 990PF |
| 2018 | $1,756,814▼3.8% | $1,960,041▼5.7% | $8,252,002▼1.7% | $8,711,706▼1.2% | 990PF |
| 2017 | $1,825,739▲13.7% | $2,079,090▲34.6% | $8,393,062▼46.2% | $8,815,818▼44.9% | 990PF |
| 2016 | $1,605,647 | $1,544,855 | $15,611,785 | $16,001,492 | 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.
Grants received · $45K total
3 grants to H W Grout Trust totaling $45K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Iowa Farm Bureau Federation | Ag oral history project contribution | 2018 | $10,000 |
| Iowa Farm Bureau Federation | Agricultural oral history project | 2016 | $10,000 |
| Iowa Farm Bureau Federation | Ag oral history project | 2015 | $25,000 |
Frequently asked questions
- Is H W Grout Trust a legitimate nonprofit?
- Yes. H W Grout Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7416881, based in Waterloo, Iowa. Donations are tax-deductible.
- What is H W Grout Trust's EIN?
- H W Grout Trust's Employer Identification Number (EIN) is 23-7416881.
- How much revenue does H W Grout Trust report?
- H W Grout Trust reported $1,839,542 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H W Grout Trust have?
- CharityIndex grades H W Grout Trust B, based on financial health (reserves and operating margin).
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Data for H W Grout Trust (EIN 23-7416881) 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.