Walter M Hughes Educational Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Walter M Hughes Educational Trust is a 501(c)(3) organization based in Chicago, Illinois, registered in 1971, with $73,204 in FY2024 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 31-6024847 Since 1971
Revenue (FY2024)
$73K
▲ 43.1% vs prior year
Expenses (FY2024)
$68K
Net assets
$895K
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 Walter M Hughes Educational 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 rating158 mo reserves · +7% 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 Walter M Hughes Educational Trust: 158 mo reserves · +7% 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 Walter M Hughes Educational 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 Walter M Hughes Educational 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 $53K (FY2017) to $73K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $895K
Operating margin
7.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$895K
Total liabilities
$0
Net assets
$895K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $73,204▲43.1% | $68,069▲2.0% | $894,508▲0.3% | $894,508▲0.3% | 990PF |
| 2023 | $51,151▲172% | $66,746▼3.9% | $891,477▼1.6% | $891,477▼1.6% | 990PF |
| 2022 | $18,792▼80.9% | $69,489▼1.5% | $906,170▼5.3% | $906,170▼5.3% | 990PF |
| 2021 | $98,247▲75.6% | $70,576▲6.0% | $957,139▲3.3% | $957,139▲3.3% | 990PF |
| 2020 | $55,955▼5.9% | $66,552▲0.2% | $926,326▼0.8% | $926,326▼0.8% | 990PF |
| 2019 | $59,487▼32.6% | $66,413▲10.3% | $933,971▼0.7% | $933,971▼0.7% | 990PF |
| 2018 | $88,313▲68.1% | $60,215▼2.4% | $940,854▲3.1% | $940,854▲3.1% | 990PF |
| 2017 | $52,532 | $61,710▲24.5% | $912,805▼7.4% | $912,805▼7.4% | 990PF |
| 2011 | — | $49,547▼25.3% | $985,875▲0.8% | $985,875▲0.8% | 990PF |
| 2010 | — | $66,303 | $978,155 | $978,155 | 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 Walter M Hughes Educational Trust a legitimate nonprofit?
- Yes. Walter M Hughes Educational Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-6024847, based in Chicago, Illinois. Donations are tax-deductible.
- What is Walter M Hughes Educational Trust's EIN?
- Walter M Hughes Educational Trust's Employer Identification Number (EIN) is 31-6024847.
- How much revenue does Walter M Hughes Educational Trust report?
- Walter M Hughes Educational Trust reported $73,204 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Walter M Hughes Educational Trust have?
- CharityIndex grades Walter M Hughes Educational Trust C+, based on financial health (reserves and operating margin).
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Data for Walter M Hughes Educational Trust (EIN 31-6024847) 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.