W L Calvert Memorial Scholarship Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
W L Calvert Memorial Scholarship Trust is a 501(c)(3) organization based in Houston, Texas, registered in 1975, with $218,257 in FY2024 revenue. CharityIndex grades it C+.
13622 Kingsride Ln, Houston, TX, 77079 EIN 23-7426284 Since 1975
Revenue (FY2024)
$218K
▲ 5.7% vs prior year
Expenses (FY2024)
$109K
Net assets
$4.1M
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 L Calvert Memorial Scholarship Trust— 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 rating451 mo reserves · +50% 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 L Calvert Memorial Scholarship Trust: 451 mo reserves · +50% 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 L Calvert Memorial Scholarship Trust— 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 L Calvert Memorial Scholarship Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $88K (FY2014) to $218K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $4.1M
Operating margin
49.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$0
Net assets
$4.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $218,257▲5.7% | $109,256▲11.3% | $4,103,081▲3.1% | $4,103,081▲3.1% | 990 |
| 2023 | $206,522▲91.8% | $98,138▲58.8% | $3,978,164▲3.6% | $3,978,164▲3.6% | 990 |
| 2022 | $107,688▼18.9% | $61,817▼36.9% | $3,838,386▼0.6% | $3,838,386▼0.6% | 990 |
| 2021 | $132,816▲28.8% | $98,032▼10.0% | $3,860,541▼6.3% | $3,860,541▼6.3% | 990 |
| 2020 | $103,156▼38.5% | $108,979▲25.0% | $4,119,368▼0.1% | $4,119,368▼0.1% | 990 |
| 2019 | $167,783▲294% | $87,185▲166% | $4,125,191▲4.8% | $4,125,191▲4.8% | 990 |
| 2018 | $42,605▲13.5% | $32,748▼7.8% | $3,934,692▲462% | $3,934,692▲462% | 990 |
| 2017 | $37,522▼15.9% | $35,515▼17.9% | $700,623▲0.3% | $700,623▲0.3% | 990 |
| 2016 | $44,614▼39.4% | $43,265▲25.4% | $698,616▲0.2% | $698,616▲0.2% | 990 |
| 2015 | $73,616▼16.3% | $34,515▲0.8% | $697,267▲0.3% | $697,267▲0.3% | 990 |
| 2014 | $87,978 | $34,245 | $695,013 | $695,013 | 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 W L Calvert Memorial Scholarship Trust a legitimate nonprofit?
- Yes. W L Calvert Memorial Scholarship Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7426284, based in Houston, Texas. Donations are tax-deductible.
- What is W L Calvert Memorial Scholarship Trust's EIN?
- W L Calvert Memorial Scholarship Trust's Employer Identification Number (EIN) is 23-7426284.
- How much revenue does W L Calvert Memorial Scholarship Trust report?
- W L Calvert Memorial Scholarship Trust reported $218,257 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W L Calvert Memorial Scholarship Trust have?
- CharityIndex grades W L Calvert Memorial Scholarship Trust C+, based on financial health (reserves and operating margin).
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Data for W L Calvert Memorial Scholarship Trust (EIN 23-7426284) 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.