Virginia@smith Family Charitable Trust is a 501(c)(3) organization based in Chicago, Illinois, registered in 2015, with $75,644 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$76K
▲ 322.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$158K
Net assets
$2.3M
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 Virginia@smith Family 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 Virginia@smith Family Charitable Trust: 176 mo reserves · -109% 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 Virginia@smith Family 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 Virginia@smith Family Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $130K (FY2018) to $76K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-108.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$0
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $75,644▲322% | $157,769▲2.2% | $2,309,784▼2.3% | $2,309,784▼2.3% | 990PF |
| 2023 | $17,908▼94.2% | $154,344▼6.0% | $2,364,026▼5.2% | $2,364,026▼5.2% | 990PF |
| 2022 | $310,021▲502% | $164,150▲2.9% | $2,493,616▲6.2% | $2,493,616▲6.2% | 990PF |
| 2021 | $51,539▼35.2% | $159,514▲4.3% | $2,347,204▼4.4% | $2,347,204▼4.4% | 990PF |
| 2020 | $79,551▲11.4% | $152,878▲0.5% | $2,454,129▼2.8% | $2,454,129▼2.8% | 990PF |
| 2019 | $71,415▼45.0% | $152,149▲1.5% | $2,524,493▼3.1% | $2,524,493▼3.1% | 990PF |
| 2018 | $129,929 | $149,843 | $2,604,736 | $2,604,736 | 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 Virginia@smith Family Charitable Trust (EIN 46-7161580) 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.