Eugene V And Clare Thaw Charitable Trust
Eugene V And Clare Thaw Charitable Trust shows volatile revenue but consistent zero officer compensation and strong asset base.
EIN: 133081491 · Santa Fe, NM · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.5M |
| Total Expenses | $22.6M |
| Program Spending | 95% |
| Net Assets | $62.8M |
| Transparency Score | 90/100 |
Is Eugene V And Clare Thaw Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eugene V And Clare Thaw Charitable Trust directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eugene V And Clare Thaw Charitable Trust
Eugene V And Clare Thaw Charitable Trust (EIN: 133081491) is a nonprofit organization based in Santa Fe, NM. The organization reported total revenue of $15.5M and total assets of $47.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eugene V And Clare Thaw Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eugene V And Clare Thaw Charitable Trust is a large nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.4M |
| Total Expenses | $22.6M |
| Surplus / Deficit | $-14,243,322 |
| Total Assets | $62.9M |
| Total Liabilities | $99K |
| Net Assets | $62.8M |
| Operating Margin | -169.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 33.4 months |
Financial Health Grade: B
In 2023, Eugene V And Clare Thaw Charitable Trust reported a deficit of $14.2M with expenses exceeding revenue, holds 33.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Eugene V And Clare Thaw Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +694.7% | +111.0% | -22.1% |
| 2022 | -43.8% | +78.6% | -16.7% |
| 2021 | -23.7% | -5.3% | +1.7% |
| 2020 | -94.2% | -31.9% | -0.4% |
| 2019 | +274.3% | +349.6% | +486.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eugene V And Clare Thaw Charitable Trust with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Eugene V And Clare Thaw Charitable Trust allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the trust's leadership does not draw salaries, which is highly commendable for a charitable organization of its size and asset base.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Eugene V And Clare Thaw Charitable Trust's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial forecasting challenging.
- Lack of detailed program spending breakdown in the provided summary, though typical for a grant-making trust.
Strengths
The following positive indicators were identified for Eugene V And Clare Thaw Charitable Trust:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Strong asset base relative to liabilities, demonstrating financial stability.
- Apparent focus on grant-making, aligning with a charitable trust's mission.
- Low liabilities across most reporting periods.
Frequently Asked Questions about Eugene V And Clare Thaw Charitable Trust
Is Eugene V And Clare Thaw Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Eugene V And Clare Thaw Charitable Trust (EIN: 133081491) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Eugene V And Clare Thaw Charitable Trust spend its money?
Eugene V And Clare Thaw Charitable Trust directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eugene V And Clare Thaw Charitable Trust tax-deductible?
Eugene V And Clare Thaw Charitable Trust is registered as a tax-exempt nonprofit (EIN: 133081491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eugene V And Clare Thaw Charitable Trust located?
Eugene V And Clare Thaw Charitable Trust is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 133081491.
How many years of IRS 990 filings does Eugene V And Clare Thaw Charitable Trust have?
Eugene V And Clare Thaw Charitable Trust has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $15.5M in total revenue.
What are the specific programs or beneficiaries of the trust's grants?
The provided data does not detail the specific programs or beneficiaries, only the financial aggregates. Further investigation into their 990-PF filings would be needed to identify grant recipients.
How does the trust manage its investment portfolio given the significant revenue fluctuations?
The substantial swings in revenue, such as $42M in 2019 and $1M in 2022, suggest a reliance on investment income or asset sales. The trust likely employs a sophisticated investment strategy, but the specifics are not available in this summary.
What is the long-term strategy for asset management and distribution?
While the trust maintains a strong asset base, the varying expense levels indicate a flexible distribution strategy. A detailed look at their governing documents or annual reports would clarify their long-term approach to asset preservation and charitable giving.
Filing History
IRS 990 filing history for Eugene V And Clare Thaw Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Eugene V And Clare Thaw Charitable Trust's revenue has grown by 757.8%, moving from $979K to $8.4M. Total assets increased by 120.2% over the same period, from $28.6M to $62.9M. Total functional expenses rose by 418.2%, from $4.4M to $22.6M. In its most recent filing year (2023), Eugene V And Clare Thaw Charitable Trust reported a deficit of $14.2M, with expenses exceeding revenue. The organization holds $99K in liabilities against $62.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $62.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.4M | $22.6M | $62.9M | $99K | — | — |
| 2022 | $1.1M | $10.7M | $80.8M | $2.0M | — | View 990 |
| 2021 | $1.9M | $6.0M | $97.0M | $52K | — | View 990 |
| 2020 | $2.5M | $6.4M | $95.4M | $23K | — | View 990 |
| 2019 | $42.3M | $9.3M | $95.8M | $14K | — | View 990 |
| 2015 | $11.3M | $2.1M | $16.3M | $2.0M | — | View 990 |
| 2014 | $2.7M | $4.7M | $11.9M | $2.7M | — | View 990 |
| 2013 | $863K | $2.8M | $11.8M | $530K | — | View 990 |
| 2012 | $-2,625,958 | $13.6M | $14.4M | $662K | — | View 990 |
| 2011 | $979K | $4.4M | $28.6M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.4M, expenses of $22.6M, and assets of $62.9M (revenue +694.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $10.7M, and assets of $80.8M (revenue -43.8% year-over-year).
- 2021: Revenue of $1.9M, expenses of $6.0M, and assets of $97.0M (revenue -23.7% year-over-year).
- 2020: Revenue of $2.5M, expenses of $6.4M, and assets of $95.4M (revenue -94.2% year-over-year).
- 2019: Revenue of $42.3M, expenses of $9.3M, and assets of $95.8M (revenue +274.3% year-over-year).
- 2015: Revenue of $11.3M, expenses of $2.1M, and assets of $16.3M (revenue +318.5% year-over-year).
- 2014: Revenue of $2.7M, expenses of $4.7M, and assets of $11.9M (revenue +213.0% year-over-year).
- 2013: Revenue of $863K, expenses of $2.8M, and assets of $11.8M.
- 2012: Revenue of $-2,625,958, expenses of $13.6M, and assets of $14.4M (revenue -368.2% year-over-year).
- 2011: Revenue of $979K, expenses of $4.4M, and assets of $28.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eugene V And Clare Thaw Charitable Trust:
Data Sources and Methodology
This transparency report for Eugene V And Clare Thaw Charitable Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.