Wade A and Ruby O Wallinger Foundation Inc is a 501(c)(3) organization based in Kingwood, Texas, registered in 2015, with $34,059 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$34K
▼ 81.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$106K
Net assets
$1.2M
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 Wade A and Ruby O Wallinger Foundation Inc— 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 Wade A and Ruby O Wallinger Foundation Inc: 132 mo reserves · -212% 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 Wade A and Ruby O Wallinger Foundation Inc— 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 Wade A and Ruby O Wallinger Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $48K (FY2016) to $34K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-212.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$3,333
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $34,059▼81.7% | $106,429▲96.1% | $1,172,754▼5.8% | $1,176,087▼5.6% | 990PF |
| 2023 | $186,194▼13.5% | $54,277▲7.3% | $1,245,124▲11.9% | $1,245,374▲11.9% | 990PF |
| 2022 | $215,357▼27.6% | $50,562▲22.6% | $1,113,207▲17.4% | $1,113,412▲17.4% | 990PF |
| 2021 | $297,640▲57.8% | $41,241▲29.9% | $948,412▲32.5% | $948,412▲32.5% | 990PF |
| 2020 | $188,626▲36.0% | $31,745▲79.9% | $715,932▲28.1% | $715,932▲28.1% | 990PF |
| 2019 | $138,691▲305% | $17,642▲96.6% | $559,051▲150% | $559,051▲150% | 990PF |
| 2017 | $34,275▼27.9% | $8,973▼4.7% | $223,874▲12.6% | $223,874▲12.6% | 990PF |
| 2016 | $47,544 | $9,411 | $198,791 | $198,791 | 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 Wade A and Ruby O Wallinger Foundation Inc (EIN 46-5015111) 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.