Hall Charitable Tr
Hall Charitable Tr shows highly volatile revenue and expenses, with zero officer compensation reported.
EIN: 137129718 · Wilton, CT · NTEE: T22J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $161K |
| Total Expenses | $142K |
| Program Spending | 80% |
| Net Assets | $325K |
| Transparency Score | 65/100 |
Is Hall Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hall Charitable Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hall Charitable Tr
Hall Charitable Tr (EIN: 137129718) is a nonprofit organization based in Wilton, CT, classified under NTEE code T22J. The organization reported total revenue of $161K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hall Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hall Charitable Tr is a small nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $142K |
| Surplus / Deficit | $-117,634 |
| Total Assets | $325K |
| Total Liabilities | $1 |
| Net Assets | $325K |
| Operating Margin | -491.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 27.5 months |
Financial Health Grade: B
In 2023, Hall Charitable Tr reported a deficit of $118K with expenses exceeding revenue, holds 27.5 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 (2012–2023), Hall Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.9% | +12.7% | -19.9% |
| 2022 | +352.4% | -64.3% | +12.2% |
| 2021 | -94.8% | -34.3% | -45.1% |
| 2020 | +575.3% | +1413.8% | +377.4% |
| 2019 | +10324.2% | -15.0% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Hall Charitable Tr with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hall Charitable Tr allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $118K, with expenses exceeding revenue.
- 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 allocated to executive salaries, which is highly unusual for a nonprofit of its size and activity level.
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 Hall Charitable Tr's IRS 990 filings:
- Highly volatile revenue and expense patterns, making financial planning and stability difficult to assess.
- Significant asset fluctuations without clear explanation in the provided data.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data, hindering a full efficiency analysis.
Strengths
The following positive indicators were identified for Hall Charitable Tr:
- Consistent reporting of 0% officer compensation, indicating resources are not used for executive salaries.
- Consistently low or zero liabilities, suggesting sound debt management.
- Regular IRS 990 filings, demonstrating compliance and transparency in reporting.
Frequently Asked Questions about Hall Charitable Tr
Is Hall Charitable Tr a legitimate charity?
Hall Charitable Tr (EIN: 137129718) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $161K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Hall Charitable Tr spend its money?
Hall Charitable Tr directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hall Charitable Tr tax-deductible?
Hall Charitable Tr is registered as a tax-exempt nonprofit (EIN: 137129718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hall Charitable Tr's spending goes to programs?
Hall Charitable Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hall Charitable Tr compare to similar nonprofits?
With a transparency score of 65/100 (Good), Hall Charitable Tr is above average for NTEE category T22J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hall Charitable Tr located?
Hall Charitable Tr is headquartered in Wilton, Connecticut and files with the IRS under EIN 137129718. It is classified under NTEE code T22J.
How many years of IRS 990 filings does Hall Charitable Tr have?
Hall Charitable Tr 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 $161K in total revenue.
What is the primary purpose of Hall Charitable Tr, given its NTEE code T22J?
The NTEE code T22J typically refers to 'Private Grantmaking Foundations', suggesting its primary purpose is to provide grants to other organizations or individuals, rather than direct service provision.
Why does Hall Charitable Tr exhibit such extreme revenue fluctuations, from negative revenue to over $1 million?
The significant revenue fluctuations, such as $-416 in 2015 and $1,019,364 in 2020, could be due to a variety of factors including large, infrequent donations, investment gains/losses, or the timing of grant receipts. Further investigation into the nature of its income sources would be necessary.
How does Hall Charitable Tr manage its expenses when revenue is significantly lower, such as in 2023 where expenses ($141,559) far exceeded revenue ($23,925)?
When expenses exceed revenue, the organization likely draws from its accumulated assets or prior year surpluses to cover operational costs. For example, in 2023, assets decreased from $404,910 to $324,526, which would help cover the deficit.
Filing History
IRS 990 filing history for Hall Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Hall Charitable Tr's revenue has declined by 65.1%, moving from $68K to $24K. Total assets decreased by 36.9% over the same period, from $514K to $325K. Total functional expenses rose by 134.1%, from $60K to $142K. In its most recent filing year (2023), Hall Charitable Tr reported a deficit of $118K, with expenses exceeding revenue. The organization holds $1 in liabilities against $325K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $325K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $142K | $325K | $1 | — | View 990 |
| 2022 | $238K | $126K | $405K | $1 | — | View 990 |
| 2021 | $53K | $352K | $361K | $1 | — | View 990 |
| 2020 | $1.0M | $536K | $657K | $1 | — | View 990 |
| 2019 | $151K | $35K | $138K | $1 | — | View 990 |
| 2016 | $1K | $42K | $110K | $1 | — | View 990 |
| 2015 | $-416 | $128K | $148K | $1 | — | View 990 |
| 2014 | $19K | $155K | $277K | $0 | — | View 990 |
| 2013 | $3K | $107K | $413K | $0 | — | View 990 |
| 2012 | $68K | $60K | $514K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $142K, and assets of $325K (revenue -89.9% year-over-year).
- 2022: Revenue of $238K, expenses of $126K, and assets of $405K (revenue +352.4% year-over-year).
- 2021: Revenue of $53K, expenses of $352K, and assets of $361K (revenue -94.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $536K, and assets of $657K (revenue +575.3% year-over-year).
- 2019: Revenue of $151K, expenses of $35K, and assets of $138K (revenue +10324.2% year-over-year).
- 2016: Revenue of $1K, expenses of $42K, and assets of $110K.
- 2015: Revenue of $-416, expenses of $128K, and assets of $148K (revenue -102.2% year-over-year).
- 2014: Revenue of $19K, expenses of $155K, and assets of $277K (revenue +657.0% year-over-year).
- 2013: Revenue of $3K, expenses of $107K, and assets of $413K (revenue -96.3% year-over-year).
- 2012: Revenue of $68K, expenses of $60K, and assets of $514K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hall Charitable Tr:
Data Sources and Methodology
This transparency report for Hall Charitable Tr 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.