Grace Hudowalski Charitable Trust
Grace Hudowalski Charitable Trust shows strong asset growth and no executive compensation, with fluctuating but generally stable finances.
EIN: 146179116 · Windham, ME · NTEE: C013 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $123K |
| Program Spending | 90% |
| Net Assets | $479K |
| Transparency Score | 90/100 |
Is Grace Hudowalski Charitable Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grace Hudowalski Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grace Hudowalski Charitable Trust
Grace Hudowalski Charitable Trust (EIN: 146179116) is a nonprofit organization based in Windham, ME, classified under NTEE code C013. The organization reported total revenue of $118K and total assets of $451K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grace Hudowalski Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grace Hudowalski Charitable Trust is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $407K |
| Total Expenses | $123K |
| Surplus / Deficit | +$284K |
| Total Assets | $479K |
| Net Assets | $479K |
| Operating Margin | 69.8% |
| Months of Reserves | 46.8 months |
Financial Health Grade: A
In 2023, Grace Hudowalski Charitable Trust reported a surplus of $284K with revenue exceeding expenses, holds 46.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Grace Hudowalski Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 23.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +863.9% | +1.3% | +145.9% |
| 2022 | -3.7% | +144.3% | -28.9% |
| 2021 | +751.3% | +11.8% | -1.7% |
| 2020 | -88.1% | -26.0% | -12.3% |
| 2019 | +-0.0% | +26.1% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Hudowalski 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Grace Hudowalski Charitable Trust 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 $284K, with revenue exceeding expenses.
Executive Compensation Analysis
The Grace Hudowalski Charitable Trust consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Grace Hudowalski Charitable Trust:
- Consistently reports 0% officer compensation, indicating high efficiency and dedication to mission.
- Zero liabilities reported across all filings, demonstrating strong financial health and no debt.
- Significant asset growth in 2023 to $479,021, enhancing long-term stability and program capacity.
- Consistent IRS 990 filing history (13 filings), showing strong transparency.
- Strong program focus implied by NTEE code C013 (Scholarships & Student Financial Aid) and efficient spending.
Frequently Asked Questions about Grace Hudowalski Charitable Trust
Is Grace Hudowalski Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Grace Hudowalski Charitable Trust (EIN: 146179116) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Grace Hudowalski Charitable Trust spend its money?
Grace Hudowalski Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Grace Hudowalski Charitable Trust tax-deductible?
Grace Hudowalski Charitable Trust is registered as a tax-exempt nonprofit (EIN: 146179116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Grace Hudowalski Charitable Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Grace Hudowalski Charitable Trust is above average for NTEE category C013 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grace Hudowalski Charitable Trust located?
Grace Hudowalski Charitable Trust is headquartered in Windham, Maine and files with the IRS under EIN 146179116. It is classified under NTEE code C013.
How many years of IRS 990 filings does Grace Hudowalski Charitable Trust have?
Grace Hudowalski Charitable Trust has 13 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 $118K in total revenue.
Is Grace Hudowalski Charitable Trust a good charity?
Based on its financial data, the Grace Hudowalski Charitable Trust appears to be a good charity. It has no liabilities, consistently reports 0% officer compensation, and has a healthy asset base, indicating strong financial management and a focus on its mission.
How does the trust manage its expenses?
The trust manages its expenses efficiently, with annual expenses typically ranging from $35,000 to $60,000, and no reported officer compensation. This suggests a lean operational structure focused on program delivery.
What caused the significant revenue increase in 2023?
The 2023 filing shows a substantial increase in revenue to $407,041 from $42,229 in 2022. While the specific source isn't detailed in the provided data, such a jump often indicates a large donation, grant, or investment gain, significantly boosting the organization's capacity.
Filing History
IRS 990 filing history for Grace Hudowalski Charitable Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grace Hudowalski Charitable Trust's revenue has grown by 1168.8%, moving from $32K to $407K. Total assets increased by 38.6% over the same period, from $346K to $479K. Total functional expenses rose by 446.2%, from $22K to $123K. In its most recent filing year (2023), Grace Hudowalski Charitable Trust reported a surplus of $284K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $407K | $123K | $479K | $0 | — | — |
| 2022 | $42K | $121K | $195K | $0 | — | View 990 |
| 2021 | $44K | $50K | $274K | $0 | — | View 990 |
| 2020 | $5K | $44K | $279K | $0 | — | — |
| 2019 | $43K | $60K | $318K | $0 | — | View 990 |
| 2018 | $43K | $48K | $294K | $0 | — | View 990 |
| 2017 | $52K | $39K | $326K | $0 | — | View 990 |
| 2016 | $36K | $36K | $286K | $0 | — | View 990 |
| 2015 | $32K | $41K | $286K | $0 | — | View 990 |
| 2014 | $50K | $112K | $295K | $0 | — | View 990 |
| 2013 | $76K | $85K | $357K | $0 | — | View 990 |
| 2012 | $68K | $47K | $366K | $0 | — | View 990 |
| 2011 | $32K | $22K | $346K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $407K, expenses of $123K, and assets of $479K (revenue +863.9% year-over-year).
- 2022: Revenue of $42K, expenses of $121K, and assets of $195K (revenue -3.7% year-over-year).
- 2021: Revenue of $44K, expenses of $50K, and assets of $274K (revenue +751.3% year-over-year).
- 2020: Revenue of $5K, expenses of $44K, and assets of $279K (revenue -88.1% year-over-year).
- 2019: Revenue of $43K, expenses of $60K, and assets of $318K (revenue +-0.0% year-over-year).
- 2018: Revenue of $43K, expenses of $48K, and assets of $294K (revenue -16.8% year-over-year).
- 2017: Revenue of $52K, expenses of $39K, and assets of $326K (revenue +46.7% year-over-year).
- 2016: Revenue of $36K, expenses of $36K, and assets of $286K (revenue +9.4% year-over-year).
- 2015: Revenue of $32K, expenses of $41K, and assets of $286K (revenue -34.8% year-over-year).
- 2014: Revenue of $50K, expenses of $112K, and assets of $295K (revenue -34.5% year-over-year).
- 2013: Revenue of $76K, expenses of $85K, and assets of $357K (revenue +12.6% year-over-year).
- 2012: Revenue of $68K, expenses of $47K, and assets of $366K (revenue +110.5% year-over-year).
- 2011: Revenue of $32K, expenses of $22K, and assets of $346K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grace Hudowalski Charitable Trust:
Data Sources and Methodology
This transparency report for Grace Hudowalski 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.