Tom & Lois Longest Charitable Tr is a 501(c)(3) organization based in Wichita Falls, Texas, registered in 2014, with $1,257,444 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$1.3M
▼ 90.6% vs prior year
Human Services median: $293K
Expenses (FY2025)
$1.1M
Net assets
$13.0M
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 Tom & Lois Longest 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 Tom & Lois Longest Charitable Tr: 147 mo reserves · +15% 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 Tom & Lois Longest 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 Tom & Lois Longest Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.8M (FY2014) to $1.3M (FY2025) across 11 reported years.
Financial snapshot
Operating margin
15.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.0M
Total liabilities
$0
Net assets
$13.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,257,444▼90.6% | $1,064,286▲80.2% | $13,003,262▲1.5% | $13,003,262▲1.5% | 990PF |
| 2024 | $13,351,034▲1915400% | $590,482▲26249% | $12,810,104▲25752% | $12,810,104▲25752% | 990PF |
| 2023 | $697▼21.8% | $2,241▼15.3% | $49,552▼3.0% | $49,552▼3.0% | 990PF |
| 2022 | $891▲134% | $2,647▼10.1% | $51,096▼3.3% | $51,096▼3.3% | 990PF |
| 2021 | $380▼41.9% | $2,943▼98.5% | $52,852▼4.6% | $52,852▼4.6% | 990PF |
| 2020 | $654▼94.3% | $202,627▼52.5% | $55,415▼78.5% | $55,415▼78.5% | 990PF |
| 2019 | $11,412▼91.9% | $426,340▼20.1% | $257,388▼64.4% | $257,388▼64.4% | 990PF |
| 2018 | $140,289▼19.8% | $533,523▲6963% | $722,296▼63.0% | $722,296▼63.0% | 990PF |
| 2016 | $174,827▲454% | $7,554▼27.2% | $1,952,525▲9.4% | $1,952,525▲9.4% | 990PF |
| 2015 | -$49,402▼103% | $10,378▲1818% | $1,785,252▼3.2% | $1,785,252▼3.2% | 990PF |
| 2014 | $1,845,573 | $541 | $1,845,032 | $1,845,032 | 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 Tom & Lois Longest Charitable Tr (EIN 46-7483163) 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.