Ivon E and Jane W Culver Charitable Trust is a 501(c)(3) organization based in Chicago, Illinois, registered in 2014, with $599,963 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$600K
▼ 28.9% vs prior year
Community median: $184K
Expenses (FY2023)
$766K
Net assets
$13.0M
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 Ivon E and Jane W Culver Charitable 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 Ivon E and Jane W Culver Charitable Trust: 203 mo reserves · -28% margin earns a D 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 Ivon E and Jane W Culver Charitable 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 Ivon E and Jane W Culver Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $1.2M (FY2018) to $600K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
-27.6%
Spent more than it raised in the latest fiscal year.
Total assets
$13.0M
Total liabilities
$0
Net assets
$13.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $599,963▼28.9% | $765,682▼5.8% | $12,977,401▼1.3% | $12,977,401▼1.3% | 990PF |
| 2022 | $844,407▼41.2% | $813,075▲6.8% | $13,142,001▲0.1% | $13,142,001▲0.1% | 990PF |
| 2021 | $1,436,345▲58.1% | $761,618▲3.9% | $13,122,430▲5.3% | $13,122,430▲5.3% | 990PF |
| 2020 | $908,781▲2.2% | $733,186▲2.6% | $12,463,780▲1.3% | $12,463,780▲1.3% | 990PF |
| 2019 | $888,945▼23.2% | $714,823▼7.9% | $12,303,082▲1.4% | $12,303,082▲1.4% | 990PF |
| 2018 | $1,157,790 | $776,552 | $12,127,845 | $12,127,845 | 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.
Explore more
Data for Ivon E and Jane W Culver Charitable Trust (EIN 45-2880898) 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.