Levi F Williams Charitable Tr
Levi F Williams Charitable Tr maintains strong assets and zero officer compensation, with fluctuating but stable financial activity.
EIN: 206026484 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
Is Levi F Williams Charitable Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Levi F Williams Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Levi F Williams Charitable Tr
Levi F Williams Charitable Tr (EIN: 206026484) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $266K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Levi F Williams Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Levi F Williams Charitable Tr is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $164K |
| Surplus / Deficit | $-107,407 |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | -189.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 148.2 months |
Financial Health Grade: B
In 2023, Levi F Williams Charitable Tr reported a deficit of $107K with expenses exceeding revenue, holds 148.2 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), Levi F Williams Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -70.1% | +144.2% | -5.0% |
| 2022 | -31.3% | -52.8% | +5.8% |
| 2021 | +28.8% | +342.4% | +7.1% |
| 2020 | +90.4% | -1.0% | +10.7% |
| 2019 | -39.3% | -89.1% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Levi F Williams Charitable Tr with a Mission Score of 92 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, Levi F Williams Charitable Tr 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 deficit of $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly efficient for a charitable trust of this 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 Levi F Williams Charitable Tr:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Strong and consistent asset base, exceeding $2 million in recent years.
- Minimal liabilities, typically $1, demonstrating excellent financial health.
- Consistent filing of IRS 990 forms, showing good transparency.
- High percentage of spending directed towards program services due to low overhead.
Frequently Asked Questions about Levi F Williams Charitable Tr
Is Levi F Williams Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Levi F Williams Charitable Tr (EIN: 206026484) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Levi F Williams Charitable Tr spend its money?
Levi F Williams Charitable Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Levi F Williams Charitable Tr tax-deductible?
Levi F Williams Charitable Tr is registered as a tax-exempt nonprofit (EIN: 206026484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Levi F Williams Charitable Tr a good charity?
Based on the provided data, Levi F Williams Charitable Tr appears to be a good charity. It has a strong asset base (over $2 million in 2023), minimal liabilities ($1 in most years), and reports 0% officer compensation, suggesting high efficiency and dedication to its mission.
How does Levi F Williams Charitable Tr manage its expenses?
The trust's expenses fluctuate significantly year-to-year, from a low of $32,239 in 2020 to a high of $607,071 in 2014. However, the organization consistently maintains very low administrative overhead and no officer compensation, indicating a lean operational structure focused on program delivery.
What is the financial stability of Levi F Williams Charitable Tr?
The financial stability of Levi F Williams Charitable Tr is strong. It consistently holds over $1.7 million in assets, reaching $2,028,153 in 2023, and reports negligible liabilities (typically $1). This indicates a robust financial position with minimal debt.
Filing History
IRS 990 filing history for Levi F Williams Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Levi F Williams Charitable Tr's revenue has grown by 21.2%, moving from $47K to $57K. Total assets increased by 12.3% over the same period, from $1.8M to $2.0M. Total functional expenses rose by 84.5%, from $89K to $164K. In its most recent filing year (2023), Levi F Williams Charitable Tr reported a deficit of $107K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $164K | $2.0M | $1 | — | View 990 |
| 2022 | $190K | $67K | $2.1M | $1 | — | View 990 |
| 2021 | $277K | $143K | $2.0M | $1 | — | — |
| 2020 | $215K | $32K | $1.9M | $1 | — | — |
| 2019 | $113K | $33K | $1.7M | $1 | — | View 990 |
| 2015 | $186K | $299K | $1.4M | $0 | — | View 990 |
| 2014 | $272K | $607K | $1.5M | $1 | — | View 990 |
| 2013 | $160K | $91K | $1.8M | $1 | — | View 990 |
| 2012 | $51K | $83K | $1.8M | $1 | — | — |
| 2011 | $47K | $89K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $164K, and assets of $2.0M (revenue -70.1% year-over-year).
- 2022: Revenue of $190K, expenses of $67K, and assets of $2.1M (revenue -31.3% year-over-year).
- 2021: Revenue of $277K, expenses of $143K, and assets of $2.0M (revenue +28.8% year-over-year).
- 2020: Revenue of $215K, expenses of $32K, and assets of $1.9M (revenue +90.4% year-over-year).
- 2019: Revenue of $113K, expenses of $33K, and assets of $1.7M (revenue -39.3% year-over-year).
- 2015: Revenue of $186K, expenses of $299K, and assets of $1.4M (revenue -31.5% year-over-year).
- 2014: Revenue of $272K, expenses of $607K, and assets of $1.5M (revenue +69.4% year-over-year).
- 2013: Revenue of $160K, expenses of $91K, and assets of $1.8M (revenue +216.7% year-over-year).
- 2012: Revenue of $51K, expenses of $83K, and assets of $1.8M (revenue +7.9% year-over-year).
- 2011: Revenue of $47K, expenses of $89K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Levi F Williams Charitable Tr:
Data Sources and Methodology
This transparency report for Levi F Williams 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.