R David and Suzanne A Hoover Charitable Trust is a 501(c)(3) organization based in Boulder, Colorado, registered in 2012, with $2,704,264 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.7M
▼ 18.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.8M
Net assets
$27.4M
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 R David and Suzanne A Hoover 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 R David and Suzanne A Hoover Charitable Trust: 183 mo reserves · +34% 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 R David and Suzanne A Hoover 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 R David and Suzanne A Hoover Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $4.3M (FY2013) to $2.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
33.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$27.4M
Total liabilities
$0
Net assets
$27.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,704,264▼18.0% | $1,792,356▼21.9% | $27,366,305▲3.4% | $27,366,305▲3.4% | 990PF |
| 2023 | $3,296,448▲37.0% | $2,293,850▼13.4% | $26,454,397▲3.9% | $26,463,322▲3.9% | 990PF |
| 2022 | $2,406,137▼29.2% | $2,648,207▲49.1% | $25,451,799▼0.9% | $25,460,724▼0.9% | 990PF |
| 2021 | $3,396,251▼55.3% | $1,776,486▲104% | $25,693,869▲6.7% | $25,702,794▲6.7% | 990PF |
| 2020 | $7,590,847▲66.5% | $868,843▼32.5% | $24,074,104▲38.7% | $24,082,604▲38.8% | 990PF |
| 2019 | $4,559,370▲6.2% | $1,287,666▼43.1% | $17,352,100▲23.2% | $17,352,100▲23.2% | 990PF |
| 2018 | $4,293,752▲67.0% | $2,261,269▼22.7% | $14,080,396▲16.9% | $14,080,396▲16.9% | 990PF |
| 2017 | $2,570,919▼26.6% | $2,926,916▲2.1% | $12,047,913▼2.9% | $12,047,913▼2.9% | 990PF |
| 2016 | $3,504,784▼11.3% | $2,866,082▼16.5% | $12,403,910▲5.4% | $12,403,910▲5.4% | 990PF |
| 2015 | $3,950,636▼29.3% | $3,432,500▲28.8% | $11,765,208▲4.6% | $11,765,208▲4.6% | 990PF |
| 2014 | $5,591,111▲30.4% | $2,665,701▲29.3% | $11,247,072▲35.2% | $11,247,072▲35.2% | 990PF |
| 2013 | $4,286,485 | $2,061,585▲556% | $8,321,662▲36.5% | $8,321,662▲36.5% | 990PF |
| 2012 | — | $314,027 | $6,096,762 | $6,096,762 | 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 R David and Suzanne A Hoover Charitable Trust (EIN 27-4274566) 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.