Walter E Luckett Jr Foundation Inc is a 501(c)(3) organization based in Hamden, Connecticut, registered in 2014, with $136,658 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$137K
▼ 31.2% vs prior year
Youth median: $163K
Expenses (FY2024)
$96K
Net assets
$88K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Walter E Luckett Jr 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 Walter E Luckett Jr Foundation Inc: 11 mo reserves · +30% margin earns a A 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 Walter E Luckett Jr 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 Walter E Luckett Jr Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $124K (FY2020) to $137K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
29.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$88K
Total liabilities
$0
Net assets
$88K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $136,658▼31.2% | $95,803▼46.6% | $88,483▲85.8% | $88,483▲85.8% | 990EZ |
| 2023 | $198,593▲84.1% | $179,515▼13.4% | $47,628▲66.8% | $47,628▲66.8% | 990EZ |
| 2022 | $107,895▼40.5% | $207,237▲107% | $28,550▼77.7% | $28,550▼77.7% | 990EZ |
| 2021 | $181,415▲46.6% | $100,346▲15.5% | $127,892▲173% | $127,892▲173% | 990EZ |
| 2020 | $123,711 | $86,912 | $46,823 | $46,823 | 990EZ |
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.
4 grants to Walter E Luckett Jr Foundation Inc totaling $100K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Human services | 2023 | $35,000 |
| National Philanthropic Tr | Human services | 2022 | $30,000 |
| National Philanthropic Tr | Human services | 2021 | $25,000 |
| National Philanthropic Tr | Human services | 2020 | $10,000 |
Explore more
Data for Walter E Luckett Jr Foundation Inc (EIN 46-2345690) 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.