W P & Bulah Luse Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
W P & Bulah Luse Foundation is a 501(c)(3) organization based in Dallas, Texas, registered in 1949, with $2,051,373 in FY2024 revenue. CharityIndex grades it C+.
Po Box 653067, Dallas, TX, 75265 EIN 75-6007639 Since 1949
Revenue (FY2024)
$2.1M
▲ 21.1% vs prior year
Expenses (FY2024)
$1.1M
Net assets
$13.7M
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 P & Bulah Luse Foundation— 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 rating150 mo reserves · +47% 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 P & Bulah Luse Foundation: 150 mo reserves · +47% 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 P & Bulah Luse Foundation— 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 P & Bulah Luse Foundation: 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 $1.2M (FY2020) to $2.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $13.7M
Operating margin
46.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.7M
Total liabilities
$0
Net assets
$13.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,051,373▲21.1% | $1,090,745▲1.8% | $13,667,452▲7.4% | $13,667,452▲7.4% | 990PF |
| 2023 | $1,693,877▲395% | $1,071,330▲10.4% | $12,719,854▲5.1% | $12,719,854▲5.1% | 990PF |
| 2022 | $342,260▼88.6% | $970,482▲9.3% | $12,104,203▼4.9% | $12,104,203▼4.9% | 990PF |
| 2021 | $2,992,213▲159% | $888,181▲11.6% | $12,730,781▲19.9% | $12,730,781▲19.9% | 990PF |
| 2020 | $1,155,132 | $795,800 | $10,614,539 | $10,614,539 | 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.
Frequently asked questions
- Is W P & Bulah Luse Foundation a legitimate nonprofit?
- Yes. W P & Bulah Luse Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-6007639, based in Dallas, Texas. Donations are tax-deductible.
- What is W P & Bulah Luse Foundation's EIN?
- W P & Bulah Luse Foundation's Employer Identification Number (EIN) is 75-6007639.
- How much revenue does W P & Bulah Luse Foundation report?
- W P & Bulah Luse Foundation reported $2,051,373 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W P & Bulah Luse Foundation have?
- CharityIndex grades W P & Bulah Luse Foundation C+, based on financial health (reserves and operating margin).
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Data for W P & Bulah Luse Foundation (EIN 75-6007639) 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.