Trust B Under the Will of H C Watson Deceased
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Trust B Under the Will of H C Watson Deceased is a 501(c)(3) organization based in Onley, Virginia, registered in 1972, with $1,469,671 in FY2025 revenue. CharityIndex grades it B.
Po Box 187, Onley, VA, 23418 EIN 54-6098265 Since 1972
Revenue (FY2025)
$1.5M
▲ 233.1% vs prior year
Expenses (FY2025)
$400K
Net assets
$8.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Trust B Under the Will of H C Watson Deceased— 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 rating241 mo reserves · +73% 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 Trust B Under the Will of H C Watson Deceased: 241 mo reserves · +73% 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 Trust B Under the Will of H C Watson Deceased— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Trust B Under the Will of H C Watson Deceased: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $266K (FY2015) to $1.5M (FY2025) across 11 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $328KNet assets $8.0M
Operating margin
72.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.4M
Total liabilities
$328K
Net assets
$8.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,469,671▲233% | $400,239▲18.8% | $8,028,370▲10.2% | $8,355,940▲10.4% | 990 |
| 2024 | $441,237▲66.6% | $336,898▲34.2% | $7,287,118▲8.1% | $7,565,581▲8.9% | 990 |
| 2023 | $264,772▲65.1% | $251,019▲17.4% | $6,743,783▲7.2% | $6,948,486▲7.5% | 990 |
| 2022 | $160,378▼70.2% | $213,836▲4.6% | $6,291,226▼14.8% | $6,461,640▼14.3% | 990 |
| 2021 | $538,783▲186% | $204,383▼1.1% | $7,382,698▲12.6% | $7,543,871▲12.2% | 990 |
| 2020 | $188,269▼42.6% | $206,667▼9.7% | $6,558,895▲3.8% | $6,726,443▲3.4% | 990 |
| 2019 | $328,051▼29.8% | $228,864▼8.1% | $6,318,667▲12.6% | $6,507,989▲11.9% | 990 |
| 2018 | $467,240▲104% | $249,031▲14.5% | $5,609,661▼8.9% | $5,817,847▼8.1% | 990 |
| 2017 | $228,690▲53.7% | $217,564▲20.5% | $6,156,010▲7.8% | $6,333,646▲8.4% | 990 |
| 2016 | $148,766▼44.1% | $180,491▼47.8% | $5,708,392▲6.1% | $5,841,554▲2.8% | 990 |
| 2015 | $265,909 | $345,485 | $5,379,276 | $5,683,053 | 990 |
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 Trust B Under the Will of H C Watson Deceased a legitimate nonprofit?
- Yes. Trust B Under the Will of H C Watson Deceased is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-6098265, based in Onley, Virginia. Donations are tax-deductible.
- What is Trust B Under the Will of H C Watson Deceased's EIN?
- Trust B Under the Will of H C Watson Deceased's Employer Identification Number (EIN) is 54-6098265.
- How much revenue does Trust B Under the Will of H C Watson Deceased report?
- Trust B Under the Will of H C Watson Deceased reported $1,469,671 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Trust B Under the Will of H C Watson Deceased have?
- CharityIndex grades Trust B Under the Will of H C Watson Deceased B, based on financial health (reserves and operating margin).
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Data for Trust B Under the Will of H C Watson Deceased (EIN 54-6098265) 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.