William F Connell Charitable Trust
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
William F Connell Charitable Trust is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1987, with $1,369,508 in FY2024 revenue. CharityIndex grades it C+.
Lynch Fink 6 Beacon St 415, Boston, MA, 02108 EIN 22-2778156 Since 1987
Revenue (FY2024)
$1.4M
▼ 95.6% vs prior year
Expenses (FY2024)
$1.4M
Net assets
$30.1M
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 William F Connell Charitable 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 rating258 mo reserves · -2% 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 William F Connell Charitable Trust: 258 mo reserves · -2% 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 William F Connell Charitable 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 William F Connell Charitable Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Lynch Fink 6 Beacon St 415, Boston, MA, 02108
- City
- Boston
- State
- Massachusetts
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $75K (FY2020) to $1.4M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $35Net assets $30.1M
Operating margin
-2.1%
Spent more than it raised in the latest fiscal year.
Total assets
$30.1M
Total liabilities
$35
Net assets
$30.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,369,508▼95.6% | $1,398,736▲1369% | $30,065,410▲1.3% | $30,065,445▲1.3% | 990PF |
| 2023 | $31,470,222▲502218% | $95,222▼7.9% | $29,694,151▲1245% | $29,694,186▲1245% | 990PF |
| 2022 | $6,265▼97.0% | $103,367▼5.6% | $2,207,236▼4.2% | $2,207,271▼4.2% | 990PF |
| 2021 | $211,065▲181% | $109,535▲11.4% | $2,304,338▲4.6% | $2,304,338▲4.6% | 990PF |
| 2020 | $75,169 | $98,335 | $2,202,808 | $2,202,808 | 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 William F Connell Charitable Trust a legitimate nonprofit?
- Yes. William F Connell Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2778156, based in Boston, Massachusetts. Donations are tax-deductible.
- What is William F Connell Charitable Trust's EIN?
- William F Connell Charitable Trust's Employer Identification Number (EIN) is 22-2778156.
- How much revenue does William F Connell Charitable Trust report?
- William F Connell Charitable Trust reported $1,369,508 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does William F Connell Charitable Trust have?
- CharityIndex grades William F Connell Charitable Trust C+, based on financial health (reserves and operating margin).
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Data for William F Connell Charitable Trust (EIN 22-2778156) 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.