Samuel B & Lorena Bruce Charitable Tr
Only null% goes to programs Strong reserves Growing revenue
Samuel B & Lorena Bruce Charitable Tr is a 501(c)(3) organization based in Rockport, Texas, registered in 2001, with $7,033 in FY2023 revenue. CharityIndex grades it C+.
319 Champions Dr, Rockport, TX, 78382 EIN 31-6660157 Since 2001
Revenue (FY2023)
$7,033
▼ 27.3% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$7,105
Net assets
$295K
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 Samuel B & Lorena Bruce 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 →
B+Financial health25% of the rating498 mo reserves · -1% 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 Samuel B & Lorena Bruce Charitable Tr: 498 mo reserves · -1% margin earns a B+ 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 Samuel B & Lorena Bruce 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 →
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 Samuel B & Lorena Bruce Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 319 Champions Dr, Rockport, TX, 78382
- City
- Rockport
- State
- Texas
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $8,344 (FY2013) to $7,033 (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $295K
Operating margin
-1.0%
Spent more than it raised in the latest fiscal year.
Total assets
$295K
Total liabilities
$0
Net assets
$295K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,033▼27.3% | $7,105▼51.0% | $294,980▲3.9% | $294,980▲3.9% | 990PF |
| 2022 | $9,671▼36.3% | $14,513▲87.8% | $283,818▼14.4% | $283,818 | 990PF |
| 2021 | $15,180▲262% | $7,727▲9.0% | $331,743▲7.1% | $0 | 990PF |
| 2020 | $4,192▼53.8% | $7,090▼2.9% | $309,779 | $0▼100% | 990PF |
| 2019 | $9,069▼0.3% | $7,304▼51.6% | $309,779▲6.1% | $309,779▲6.1% | 990PF |
| 2018 | $9,093▼12.0% | $15,079▲97.7% | $292,101▼8.1% | $292,101▼8.1% | 990PF |
| 2017 | $10,333▲18.1% | $7,626▼51.5% | $317,986▼0.5% | $317,986▼0.5% | 990PF |
| 2016 | $8,746▲2.3% | $15,730▼7.1% | $319,433▼5.9% | $319,433▼5.9% | 990PF |
| 2014 | $8,546▲2.4% | $16,927▼6.3% | $339,437▼1.0% | $339,437▼1.0% | 990PF |
| 2013 | $8,344 | $18,058▲0.2% | $342,758▼3.2% | $342,758▼3.2% | 990PF |
| 2012 | — | $18,025▼2.0% | $353,991▼1.9% | $353,991 | 990PF |
| 2011 | — | $18,386▼2.7% | $360,843▼2.1% | $0 | 990PF |
| 2010 | — | $18,902 | $368,531 | $0 | 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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Frequently asked questions
- Is Samuel B & Lorena Bruce Charitable Tr a legitimate nonprofit?
- Yes. Samuel B & Lorena Bruce Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-6660157, based in Rockport, Texas. Donations are tax-deductible.
- What is Samuel B & Lorena Bruce Charitable Tr's EIN?
- Samuel B & Lorena Bruce Charitable Tr's Employer Identification Number (EIN) is 31-6660157.
- How much revenue does Samuel B & Lorena Bruce Charitable Tr report?
- Samuel B & Lorena Bruce Charitable Tr reported $7,033 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Samuel B & Lorena Bruce Charitable Tr have?
- CharityIndex grades Samuel B & Lorena Bruce Charitable Tr C+, based on financial health (reserves and operating margin).
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Data for Samuel B & Lorena Bruce Charitable Tr (EIN 31-6660157) 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.