W L Gilbert Trust Corporation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
W L Gilbert Trust Corporation is a 501(c)(3) organization based in Winsted, Connecticut, registered in 1931, with $935,754 in FY2023 revenue. CharityIndex grades it D.
200 Williams Ave, Winsted, CT, 06098 EIN 06-0669114 Since 1931
Revenue (FY2023)
$936K
▲ 14.0% vs prior year
Expenses (FY2023)
$1.2M
Net assets
$4.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Gilbert Trust Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating42 mo reserves · -31% 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 Gilbert Trust Corporation: 42 mo reserves · -31% margin earns a D 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 Gilbert Trust Corporation— 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 Gilbert Trust Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 200 Williams Ave, Winsted, CT, 06098
- City
- Winsted
- State
- Connecticut
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $1.8M (FY2013) to $936K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.0MNet assets $4.3M
Operating margin
-31.1%
Spent more than it raised in the latest fiscal year.
Total assets
$7.3M
Total liabilities
$3.0M
Net assets
$4.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $935,754▲14.0% | $1,227,112▼18.5% | $4,271,233▼6.3% | $7,284,187▼2.7% | 990 |
| 2022 | $820,593▼51.9% | $1,505,369▼12.0% | $4,560,341▼10.7% | $7,490,146▼10.4% | 990 |
| 2021 | $1,706,609▼4.8% | $1,711,025▼3.1% | $5,108,903▼16.7% | $8,362,730▼11.1% | 990 |
| 2020 | $1,792,934▼11.0% | $1,764,989▼32.4% | $6,130,468▲16.9% | $9,403,592▲4.6% | 990 |
| 2019 | $2,015,561▼26.8% | $2,609,358▼18.6% | $5,245,011▼13.2% | $8,985,782▼18.7% | 990 |
| 2018 | $2,753,578▼37.0% | $3,206,291▼30.4% | $6,043,563▼7.2% | $11,055,212▼2.7% | 990 |
| 2017 | $4,371,769▲10.9% | $4,606,874▲10.2% | $6,510,563▼2.9% | $11,367,498▼4.0% | 990 |
| 2016 | $3,940,716▲40.0% | $4,180,741▲29.9% | $6,705,333▲2.1% | $11,844,038▲15.5% | 990 |
| 2015 | $2,815,040▲6.2% | $3,217,757▲22.1% | $6,565,274▼6.8% | $10,258,415▲19.6% | 990 |
| 2014 | $2,651,638▲43.5% | $2,635,614▲50.7% | $7,043,996▼4.9% | $8,576,925▼1.0% | 990 |
| 2013 | $1,848,079 | $1,748,818▲145% | $7,410,320▲6.8% | $8,664,053▲17.2% | 990 |
| 2012 | — | $715,210▲110% | $6,937,846▲0.3% | $7,391,735▲5.0% | 990 |
| 2011 | — | $341,048 | $6,918,367 | $7,042,585 | 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 Gilbert Trust Corporation a legitimate nonprofit?
- Yes. W L Gilbert Trust Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0669114, based in Winsted, Connecticut. Donations are tax-deductible.
- What is W L Gilbert Trust Corporation's EIN?
- W L Gilbert Trust Corporation's Employer Identification Number (EIN) is 06-0669114.
- How much revenue does W L Gilbert Trust Corporation report?
- W L Gilbert Trust Corporation reported $935,754 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does W L Gilbert Trust Corporation have?
- CharityIndex grades W L Gilbert Trust Corporation D, based on financial health (reserves and operating margin).
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Data for W L Gilbert Trust Corporation (EIN 06-0669114) 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.