L E Charitable Trust is a 501(c)(3) organization based in Brooklyn, New York, registered in 1993, with $556,741 in FY2022 revenue. CharityIndex grades it C.
Revenue (FY2022)
$557K
▲ 106.0% vs prior year
Expenses (FY2022)
$432K
Net assets
$2.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 L E 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 L E Charitable Trust: 69 mo reserves · +22% margin earns a B+ 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 L E 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 L E Charitable Trust: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Revenue declined from $1.1M (FY2013) to $557K (FY2022) across 10 reported years.
Financial snapshot
Operating margin
22.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.7M
Total liabilities
$6.2M
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $556,741▲106% | $432,381▲106% | $2,494,573▲5.2% | $8,727,692▲76.5% | 990PF |
| 2021 | $270,203▲5.1% | $209,462▲109% | $2,370,213▲2.6% | $4,944,632 | 990PF |
| 2020 | $257,053▼54.3% | $100,003▼96.8% | $2,309,472▲10.5% | $4,945,541▲5.7% | 990PF |
| 2019 | $562,963▼61.7% | $3,129,619▲37.1% | $2,089,802▼73.0% | $4,679,631▼51.3% | 990PF |
| 2018 | $1,468,164▲152% | $2,282,563▲453% | $7,745,879▼9.5% | $9,603,584▼10.8% | 990PF |
| 2017 | $582,276▼3.8% | $412,677▼76.9% | $8,559,190▲2.1% | $10,763,280▲2.7% | 990PF |
| 2016 | $605,011▼78.8% | $1,784,249▼27.7% | $8,387,197▼12.2% | $10,479,434▼10.8% | 990PF |
| 2015 | $2,856,487▲66.7% | $2,468,608▲2.7% | $9,548,434▲4.4% | $11,753,286▼12.1% | 990PF |
| 2014 | $1,713,061▲51.5% | $2,403,791▲183% | $9,142,286▼7.0% | $13,375,077▲19.7% | 990PF |
| 2013 | $1,130,801 | $848,232▲19.7% | $9,833,103▲3.0% | $11,174,480▲1.6% | 990PF |
| 2012 | — | $708,742 | $9,548,983 | $10,998,513 | 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 L E Charitable Trust (EIN 11-3133027) 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.