The Lucas-hathaway Charitable Trust is a 501(c)(3) organization based in Blacksburg, Virginia, registered in 1989, with $9,964 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$9,964
▼ 20.2% vs prior year
Expenses (FY2025)
$2
Net assets
$481K
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 The Lucas-hathaway 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 The Lucas-hathaway Charitable Trust: 2886084 mo reserves · +100% 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 The Lucas-hathaway 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 The Lucas-hathaway Charitable Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $19K (FY2021) to $9,964 (FY2025) across 5 reported years.
Financial snapshot
Operating margin
100.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$481K
Total liabilities
$0
Net assets
$481K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $9,964▼20.2% | $2▼100.0% | $481,014▲16.4% | $481,014▲16.4% | 990PF |
| 2024 | $12,488▲146% | $14,402▼39.3% | $413,198▲13.3% | $413,198▲13.3% | 990PF |
| 2023 | -$27,176▼306% | $23,731▲14.9% | $364,744▼7.3% | $364,744▼7.3% | 990PF |
| 2022 | $13,180▼30.0% | $20,648▼11.2% | $393,373▼10.7% | $393,373▼10.7% | 990PF |
| 2021 | $18,827 | $23,242 | $440,316 | $440,316 | 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.
Explore more
Data for The Lucas-hathaway Charitable Trust (EIN 54-6275432) 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.