W J Brace Charitable Tr
Only null% goes to programs Strong reserves Declining revenue
W J Brace Charitable Tr is a 501(c)(3) organization based in Dallas, Texas, registered in 2011, with $752,361 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 59-7244050 Since 2011
Revenue (FY2024)
$752K
▲ 156.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$474K
Net assets
$7.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 W J Brace 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 →
B+Financial health25% of the rating195 mo reserves · +37% 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 W J Brace Charitable Tr: 195 mo reserves · +37% 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 W J Brace 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 →
DTransparency10% of the rating1 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 W J Brace Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 653067, Dallas, TX, 75265
- City
- Dallas
- State
- Texas
- Category
- Human Services
- Subcategory
- Support Foundations & Fundraising
Financial trends
Revenue grew from $153K (FY2015) to $752K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.7M
Operating margin
37.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.7M
Total liabilities
$0
Net assets
$7.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $752,361▲156% | $474,054▲3.7% | $7,707,533▲3.9% | $7,707,533▲3.9% | 990PF |
| 2023 | $293,342▲299% | $457,031▼12.6% | $7,419,093▼2.1% | $7,419,093▼2.1% | 990PF |
| 2022 | -$147,561▼109% | $523,130▲11.9% | $7,581,416▼7.7% | $7,581,416▼7.7% | 990PF |
| 2021 | $1,668,384▲210% | $467,542▲8.3% | $8,217,198▲6.7% | $8,217,198▲6.7% | 990PF |
| 2020 | $537,619▼10.9% | $431,565▲0.9% | $7,698,730▲10.9% | $7,698,730▲10.9% | 990PF |
| 2019 | $603,102▲38.6% | $427,767▼1.8% | $6,942,962▲2.2% | $6,942,962▲2.2% | 990PF |
| 2018 | $435,071▲34.9% | $435,619▲11.4% | $6,793,416▲3.5% | $6,793,416▲3.5% | 990PF |
| 2016 | $322,417▲110% | $391,181▼4.7% | $6,565,445▼0.2% | $6,565,445▼0.2% | 990PF |
| 2015 | $153,482 | $410,350 | $6,576,847 | $6,576,847 | 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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Frequently asked questions
- Is W J Brace Charitable Tr a legitimate nonprofit?
- Yes. W J Brace Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-7244050, based in Dallas, Texas. Donations are tax-deductible.
- What is W J Brace Charitable Tr's EIN?
- W J Brace Charitable Tr's Employer Identification Number (EIN) is 59-7244050.
- How much revenue does W J Brace Charitable Tr report?
- W J Brace Charitable Tr reported $752,361 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W J Brace Charitable Tr have?
- CharityIndex grades W J Brace Charitable Tr C+, based on financial health (reserves and operating margin).
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Data for W J Brace Charitable Tr (EIN 59-7244050) 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.