J Willets Grace Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
J Willets Grace Trust is a 501(c)(3) organization based in Chicago, Illinois, registered in 1976, with $9,735 in FY2024 revenue. CharityIndex grades it C.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 16-6119803 Since 1976
Revenue (FY2024)
$9,735
▼ 22.9% vs prior year
Expenses (FY2024)
$11K
Net assets
$194K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 J Willets Grace Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating208 mo reserves · -15% 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 J Willets Grace Trust: 208 mo reserves · -15% margin earns a C+ 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 J Willets Grace Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 J Willets Grace Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $14K (FY2017) to $9,735 (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $194K
Operating margin
-15.3%
Spent more than it raised in the latest fiscal year.
Total assets
$194K
Total liabilities
$0
Net assets
$194K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,735▼22.9% | $11,222▼7.7% | $194,132▼1.2% | $194,132▼1.2% | 990PF |
| 2023 | $12,634▲172% | $12,152▼22.3% | $196,570▲0.3% | $196,570▲0.3% | 990PF |
| 2022 | $4,642▼73.6% | $15,638▲30.1% | $196,060▼5.3% | $196,060▼5.3% | 990PF |
| 2021 | $17,598▲33.5% | $12,016▼2.9% | $207,104▲2.8% | $207,104▲2.8% | 990PF |
| 2020 | $13,182▼7.5% | $12,375▼22.4% | $201,493▲0.4% | $201,493▲0.4% | 990PF |
| 2019 | $14,244▲2.6% | $15,943▲18.9% | $200,719▲0.3% | $200,719▲0.3% | 990PF |
| 2018 | $13,883▲0.1% | $13,407▲7.2% | $200,173▲0.2% | $200,173▲0.2% | 990PF |
| 2017 | $13,863 | $12,504▼7.8% | $199,725▼8.3% | $199,725▼8.3% | 990PF |
| 2011 | — | $13,560▲9.4% | $217,858▲1.4% | $217,858▲1.4% | 990PF |
| 2010 | — | $12,395 | $214,761 | $214,761 | 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.
Frequently asked questions
- Is J Willets Grace Trust a legitimate nonprofit?
- Yes. J Willets Grace Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-6119803, based in Chicago, Illinois. Donations are tax-deductible.
- What is J Willets Grace Trust's EIN?
- J Willets Grace Trust's Employer Identification Number (EIN) is 16-6119803.
- How much revenue does J Willets Grace Trust report?
- J Willets Grace Trust reported $9,735 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does J Willets Grace Trust have?
- CharityIndex grades J Willets Grace Trust C, based on financial health (reserves and operating margin).
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Data for J Willets Grace Trust (EIN 16-6119803) 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.