Trust U/a 8/23/78 M/b Thomas W Armitage For the Hotchkiss School is a 501(c)(3) organization based in Chicago, Illinois, registered in 1979, with $11,535 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$12K
▲ 3.8% vs prior year
Expenses (FY2024)
$18K
Net assets
$181K
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 Trust U/a 8/23/78 M/b Thomas W Armitage For the Hotchkiss School— 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 Trust U/a 8/23/78 M/b Thomas W Armitage For the Hotchkiss School: 123 mo reserves · -53% margin earns a F 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 Trust U/a 8/23/78 M/b Thomas W Armitage For the Hotchkiss School— 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 Trust U/a 8/23/78 M/b Thomas W Armitage For the Hotchkiss School: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $18K (FY2019) to $12K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-53.2%
Spent more than it raised in the latest fiscal year.
Total assets
$181K
Total liabilities
$0
Net assets
$181K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,535▲3.8% | $17,671▼13.9% | $180,744▼3.3% | $180,744▼3.3% | 990PF |
| 2023 | $11,110▼21.9% | $20,533▲13.7% | $186,879▼5.0% | $186,879▼5.0% | 990PF |
| 2022 | $14,226▲25.8% | $18,055▼2.4% | $196,631▼1.9% | $196,631▼1.9% | 990PF |
| 2021 | $11,312▼48.2% | $18,492▲9.3% | $200,458▼3.5% | $200,458▼3.5% | 990PF |
| 2020 | $21,858▲19.9% | $16,918▲8.9% | $207,643▲2.4% | $207,643▲2.4% | 990PF |
| 2019 | $18,223 | $15,538▲14.7% | $202,700▼9.4% | $202,700▼9.4% | 990PF |
| 2010 | — | $13,543 | $223,740 | $223,740 | 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 Trust U/a 8/23/78 M/b Thomas W Armitage For the Hotchkiss School (EIN 06-6221530) 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.