Grace F Lamb Trust B
Grace F Lamb Trust B maintains substantial assets and zero officer compensation, with fluctuating revenues and expenses often exceeding income.
EIN: 136210810 · Pittsburgh, PA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $503K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8.5 |
| Net Assets | $8.4M |
| Transparency Score | 85/100 |
Is Grace F Lamb Trust B Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grace F Lamb Trust B directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grace F Lamb Trust B
Grace F Lamb Trust B (EIN: 136210810) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $4.9M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace F Lamb Trust B's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace F Lamb Trust B is a mid-size nonprofit that has been operating for 56 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $580K |
| Total Expenses | $503K |
| Surplus / Deficit | +$77K |
| Total Assets | $8.4M |
| Total Liabilities | $1 |
| Net Assets | $8.4M |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 200.0 months |
Financial Health Grade: A
In 2023, Grace F Lamb Trust B reported a surplus of $77K with revenue exceeding expenses, holds 200.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Grace F Lamb Trust B's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +89.4% | -23.8% | +0.9% |
| 2022 | -84.2% | +15.0% | -4.1% |
| 2021 | +562.3% | +1.8% | +18.7% |
| 2020 | -20.2% | +12.2% | -3.6% |
| 2019 | -26.0% | +3.4% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
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 Grace F Lamb Trust B with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Grace F Lamb Trust B allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $77K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly favorable for a nonprofit of its asset size ($8.5 million).
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 Grace F Lamb Trust B's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- NTEE code is unknown, hindering peer comparison
- Significant year-over-year revenue fluctuations (e.g., $1.9M in 2021 vs. $0.3M in 2022) could indicate unpredictable funding sources or reliance on investment gains.
Strengths
The following positive indicators were identified for Grace F Lamb Trust B:
- Consistently reports 0% officer compensation, indicating efficient use of funds for its mission.
- Maintains substantial assets ($8.5 million latest) providing financial stability.
- Minimal liabilities ($0 or $1 across all filings) demonstrates strong financial health and low debt.
- Consistent history of grant-making or charitable distributions as evidenced by recurring expenses.
Frequently Asked Questions about Grace F Lamb Trust B
Is Grace F Lamb Trust B a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace F Lamb Trust B (EIN: 136210810) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Grace F Lamb Trust B spend its money?
Grace F Lamb Trust B directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grace F Lamb Trust B tax-deductible?
Grace F Lamb Trust B is registered as a tax-exempt nonprofit (EIN: 136210810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Grace F Lamb Trust B CEO make?
Grace F Lamb Trust B's highest-compensated officer earns $8.5 annually. The organization reported $4.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Grace F Lamb Trust B located?
Grace F Lamb Trust B is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 136210810.
How many years of IRS 990 filings does Grace F Lamb Trust B have?
Grace F Lamb Trust B 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 $4.9M in total revenue.
What is the primary charitable purpose of Grace F Lamb Trust B?
Based on the financial data, Grace F Lamb Trust B appears to be a grant-making trust, distributing funds as indicated by its expenses, but the specific beneficiaries or program areas are not detailed in the provided financial summary.
How does Grace F Lamb Trust B manage its investment portfolio given its substantial assets?
The financial data shows significant assets (over $8 million) and fluctuating revenues, suggesting investment income plays a role. However, the specific investment strategies or performance are not detailed in the provided IRS 990 summary.
Why do expenses frequently exceed revenue for Grace F Lamb Trust B?
In several periods (e.g., 2022, 2020, 2019), expenses exceeded revenue, indicating the organization likely draws from its substantial asset base to fund its charitable activities, which is common for trusts or foundations.
Filing History
IRS 990 filing history for Grace F Lamb Trust B showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Grace F Lamb Trust B's revenue has grown by 31.7%, moving from $440K to $580K. Total assets increased by 14.9% over the same period, from $7.3M to $8.4M. Total functional expenses rose by 16.1%, from $433K to $503K. In its most recent filing year (2023), Grace F Lamb Trust B reported a surplus of $77K, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $580K | $503K | $8.4M | $1 | — | View 990 |
| 2022 | $306K | $660K | $8.3M | $1 | — | View 990 |
| 2021 | $1.9M | $574K | $8.7M | $1 | — | — |
| 2020 | $292K | $564K | $7.3M | $1 | — | — |
| 2019 | $366K | $503K | $7.6M | $0 | — | View 990 |
| 2015 | $495K | $486K | $7.3M | $0 | — | View 990 |
| 2014 | $439K | $433K | $7.2M | $0 | — | View 990 |
| 2013 | $470K | $359K | $7.2M | $0 | — | View 990 |
| 2012 | $222K | $411K | $7.1M | $0 | — | View 990 |
| 2011 | $440K | $433K | $7.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $580K, expenses of $503K, and assets of $8.4M (revenue +89.4% year-over-year).
- 2022: Revenue of $306K, expenses of $660K, and assets of $8.3M (revenue -84.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $574K, and assets of $8.7M (revenue +562.3% year-over-year).
- 2020: Revenue of $292K, expenses of $564K, and assets of $7.3M (revenue -20.2% year-over-year).
- 2019: Revenue of $366K, expenses of $503K, and assets of $7.6M (revenue -26.0% year-over-year).
- 2015: Revenue of $495K, expenses of $486K, and assets of $7.3M (revenue +12.6% year-over-year).
- 2014: Revenue of $439K, expenses of $433K, and assets of $7.2M (revenue -6.5% year-over-year).
- 2013: Revenue of $470K, expenses of $359K, and assets of $7.2M (revenue +111.3% year-over-year).
- 2012: Revenue of $222K, expenses of $411K, and assets of $7.1M (revenue -49.5% year-over-year).
- 2011: Revenue of $440K, expenses of $433K, and assets of $7.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace F Lamb Trust B:
Data Sources and Methodology
This transparency report for Grace F Lamb Trust B 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.