Richard L Gray Perpetual Charitable Tr is a 501(c)(3) organization based in Pittsfield, Illinois, registered in 2010, with $427,039 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$427K
▼ 24.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$448K
Net assets
$3.8M
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 Richard L Gray Perpetual 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 Richard L Gray Perpetual Charitable Tr: 101 mo reserves · -5% 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 Richard L Gray Perpetual 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 Richard L Gray Perpetual Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $213K (FY2013) to $427K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-4.9%
Spent more than it raised in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$0
Net assets
$3.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $427,039▼24.6% | $447,857 | $3,766,730▼0.5% | $3,766,730▼0.5% | 990PF |
| 2023 | $566,252▲19.7% | $447,652▲15.9% | $3,787,548▲3.2% | $3,787,548▲3.2% | 990PF |
| 2022 | $473,045▲135% | $386,355▼32.2% | $3,668,948▲2.4% | $3,668,948▲2.4% | 990PF |
| 2021 | $200,971▼67.4% | $569,837▲30.0% | $3,582,258▼9.3% | $3,582,258▼9.3% | 990PF |
| 2020 | $615,876▲87.2% | $438,177▲39.3% | $3,951,134▲4.7% | $3,951,134▲4.7% | 990PF |
| 2019 | $328,974▲34.5% | $314,522▲70.1% | $3,773,641▲0.4% | $3,773,641▲0.4% | 990PF |
| 2018 | $244,627▼57.4% | $184,909▼42.1% | $3,758,881▼30.1% | $3,758,881▼30.1% | 990PF |
| 2017 | $574,201▲100% | $319,285▼37.3% | $5,376,799▲5.0% | $5,376,799▲5.0% | 990PF |
| 2016 | $286,818▲10.2% | $509,588▼2.3% | $5,121,804▼4.1% | $5,121,804▼4.1% | 990PF |
| 2015 | $260,322▼94.3% | $521,383▼3.0% | $5,341,945▼8.1% | $5,341,945▼8.1% | 990PF |
| 2014 | $4,553,066▲2041% | $537,312▲75.1% | $5,810,030▲224% | $5,810,030▲224% | 990PF |
| 2013 | $212,703 | $306,819▼5.2% | $1,794,276▼5.0% | $1,794,276▼5.0% | 990PF |
| 2012 | — | $323,765▲17.8% | $1,888,392▲19.7% | $1,888,392▲19.7% | 990PF |
| 2011 | — | $274,866▲14.5% | $1,577,092▲19.1% | $1,577,092▲19.1% | 990PF |
| 2010 | — | $239,984 | $1,324,510 | $1,324,510 | 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 Richard L Gray Perpetual Charitable Tr (EIN 20-6784832) 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.