T-2961 Charitable Trust Uw T Luce
501(c)(92)
Only null% goes to programs Strong reserves
T-2961 Charitable Trust Uw T Luce is a 501(c)(92) organization based in Chicago, Illinois, registered in 1973, with $717,575 in FY2024 revenue. CharityIndex grades it C.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 13-6029703 Since 1973
Revenue (FY2024)
$718K
▲ 6.5% vs prior year
Expenses (FY2024)
$880K
Net assets
$11.2M
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 T-2961 Charitable Trust Uw T Luce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating152 mo reserves · -23% 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 T-2961 Charitable Trust Uw T Luce: 152 mo reserves · -23% margin earns a C+ 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 T-2961 Charitable Trust Uw T Luce— 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 T-2961 Charitable Trust Uw T Luce: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $1.1M (FY2017) to $718K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $11.2M
Operating margin
-22.6%
Spent more than it raised in the latest fiscal year.
Total assets
$11.2M
Total liabilities
$0
Net assets
$11.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $717,575▲6.5% | $880,097▲1.4% | $11,170,543▼1.3% | $11,170,543▼1.3% | 990PF |
| 2023 | $673,730▼18.6% | $868,361▼20.6% | $11,322,499▼1.9% | $11,322,499▼1.9% | 990PF |
| 2022 | $827,171▲26.2% | $1,094,076▲22.9% | $11,536,074▼1.8% | $11,536,074▼1.8% | 990PF |
| 2021 | $655,389▼25.1% | $890,203▲10.3% | $11,752,978▼1.6% | $11,752,978▼1.6% | 990PF |
| 2020 | $874,703▲30.1% | $807,057▲59.2% | $11,947,809▲0.6% | $11,947,809▲0.6% | 990PF |
| 2019 | $672,342▼44.7% | $506,871▲3.6% | $11,880,163▲1.4% | $11,880,163▲1.4% | 990PF |
| 2018 | $1,216,564▲9.1% | $489,225▼43.2% | $11,714,695▲6.6% | $11,714,695▲6.6% | 990PF |
| 2017 | $1,114,966 | $860,607 | $10,987,360 | $10,987,360 | 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.
Frequently asked questions
- Is T-2961 Charitable Trust Uw T Luce a legitimate nonprofit?
- Yes. T-2961 Charitable Trust Uw T Luce is a 501(c)(92) organization registered with the U.S. Internal Revenue Service under EIN 13-6029703, based in Chicago, Illinois.
- What is T-2961 Charitable Trust Uw T Luce's EIN?
- T-2961 Charitable Trust Uw T Luce's Employer Identification Number (EIN) is 13-6029703.
- How much revenue does T-2961 Charitable Trust Uw T Luce report?
- T-2961 Charitable Trust Uw T Luce reported $717,575 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does T-2961 Charitable Trust Uw T Luce have?
- CharityIndex grades T-2961 Charitable Trust Uw T Luce C, based on financial health (reserves and operating margin).
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Data for T-2961 Charitable Trust Uw T Luce (EIN 13-6029703) 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.