Victor K Phillips and Jancie Phillips Larrick Charitable Trust is a 501(c)(3) organization based in Pittsburgh, Pennsylvania, registered in 2014, with $369,343 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$369K
▲ 154.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$324K
Net assets
$3.8M
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 Victor K Phillips and Jancie Phillips Larrick 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 Victor K Phillips and Jancie Phillips Larrick Charitable Trust: 141 mo reserves · +12% 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 Victor K Phillips and Jancie Phillips Larrick 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 Victor K Phillips and Jancie Phillips Larrick Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $220K (FY2014) to $369K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
12.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$0
Net assets
$3.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $369,343▲155% | $324,186▼2.5% | $3,821,239▲1.2% | $3,821,239▲1.2% | 990PF |
| 2023 | $145,020▼59.5% | $332,374▲1.1% | $3,776,500▼4.8% | $3,776,500▼4.8% | 990PF |
| 2022 | $357,780▲26.4% | $328,693▲512% | $3,966,773▲1.0% | $3,966,773▲1.0% | 990PF |
| 2021 | $283,081▲47.5% | $53,702▼65.7% | $3,928,788▼32.6% | $3,928,788▼32.6% | 990PF |
| 2020 | $191,866▲48.9% | $156,389▼6.2% | $5,827,748▲12.0% | $5,827,748▲12.0% | 990PF |
| 2019 | $128,885▼37.6% | $166,716▼19.0% | $5,204,945▲17.7% | $5,204,945▲17.7% | 990PF |
| 2018 | $206,610▼60.8% | $205,714▼83.6% | $4,421,018▼8.3% | $4,421,018▼8.3% | 990PF |
| 2017 | $527,369▲347% | $1,257,826▲336% | $4,819,801▼8.2% | $4,819,801▼8.2% | 990PF |
| 2016 | $117,939▼45.0% | $288,728▼2.8% | $5,253,070▲1.6% | $5,253,070▲1.6% | 990PF |
| 2015 | $214,549▼2.6% | $297,052▲4.7% | $5,171,694▼4.6% | $5,171,694▼4.6% | 990PF |
| 2014 | $220,331 | $283,825 | $5,420,908 | $5,420,908 | 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 Victor K Phillips and Jancie Phillips Larrick Charitable Trust (EIN 45-3738532) 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.