Lawrence K Cornelius Charitable Tr is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 1998, with $19,351 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$19K
▲ 134.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$20K
Net assets
$325K
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 Lawrence K Cornelius Charitable Tr— 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 Lawrence K Cornelius Charitable Tr: 198 mo reserves · -2% 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 Lawrence K Cornelius Charitable Tr— 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 Lawrence K Cornelius Charitable Tr: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $24K (FY2013) to $19K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$325K
Total liabilities
$0
Net assets
$325K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,351▲135% | $19,657▲5.6% | $324,586▼0.1% | $324,586▼0.1% | 990PF |
| 2023 | $8,242▲593% | $18,623▼17.9% | $324,931▼3.0% | $324,931▼3.0% | 990PF |
| 2022 | $1,189▼96.3% | $22,694▲10.5% | $335,110▼6.0% | $335,110▼6.0% | 990PF |
| 2021 | $31,822▲185% | $20,536▼2.7% | $356,415▲3.3% | $356,415▲3.3% | 990PF |
| 2020 | $11,154▼79.6% | $21,105▲14.0% | $345,098▼3.0% | $345,098▼3.0% | 990PF |
| 2019 | $54,704▲234% | $18,511▼2.3% | $355,729▲11.3% | $355,729▲11.3% | 990PF |
| 2018 | $16,358▼31.1% | $18,954▼4.3% | $319,535▼0.8% | $319,535▼0.8% | 990PF |
| 2017 | $23,756▲168% | $19,797▼4.0% | $322,130▲1.2% | $322,130▲1.2% | 990PF |
| 2016 | $8,874▼88.8% | $20,624▲7.1% | $318,170▼3.6% | $318,170▼3.6% | 990PF |
| 2015 | $79,515▲201% | $19,259▲4.8% | $329,921▲22.3% | $329,921▲22.3% | 990PF |
| 2014 | $26,383▲8.2% | $18,385▲8.6% | $269,668▲3.1% | $269,668▲3.1% | 990PF |
| 2013 | $24,382 | $16,927▲16.6% | $261,670▲2.9% | $261,670▲2.9% | 990PF |
| 2012 | — | $14,520▼4.6% | $254,215▼1.9% | $254,215▼1.9% | 990PF |
| 2011 | — | $15,225▲184% | $259,064▼3.3% | $259,064▼3.3% | 990PF |
| 2010 | — | $5,366 | $268,025 | $268,025 | 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 Lawrence K Cornelius Charitable Tr (EIN 25-6577118) 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.