R Vc Charitable Trust

R Vc Charitable Trust maintains substantial assets despite fluctuating revenue and zero officer compensation.

EIN: 206842785 · Hobe Sound, FL · Updated: 2026-03-28

$5.1MRevenue

$18.2MAssets

90/100Mission Score (Excellent)

About R Vc Charitable Trust

R Vc Charitable Trust (EIN: 206842785) is a nonprofit organization based in Hobe Sound, FL. The organization reported total revenue of $5.1M and total assets of $18.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R Vc Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The R Vc Charitable Trust demonstrates a consistent commitment to its mission, as evidenced by its financial filings. While revenue has fluctuated significantly over the past four years, from a high of $14,123,331 in 2020 to $812,294 in 2023, the organization maintains substantial assets, reported at $18,184,170 in its latest filing. This strong asset base provides a solid foundation for its charitable activities. The trust consistently reports zero officer compensation, indicating a volunteer-led or externally managed structure, which can be a positive sign for donor confidence regarding administrative efficiency.

Spending efficiency appears to be a key focus, with expenses generally managed well relative to revenue, though the 2023 period saw expenses ($1,780,115) significantly exceed revenue ($812,294). This could indicate a strategic draw from reserves or a period of increased programmatic activity. The consistent reporting of minimal liabilities ($1 in most periods) suggests sound financial management and a low-risk profile. The absence of officer compensation further reinforces a lean operational model.

Transparency is generally good, with consistent IRS 990 filings available. However, without a specified NTEE code, the exact programmatic focus and impact are less clear from the provided data alone. The lack of reported officer compensation is a strong indicator of financial transparency and a focus on directing resources towards the mission rather than executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates R Vc 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: 90%
fundraising: 5%

According to IRS 990 filings, R Vc Charitable Trust allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the trust, which is highly favorable for directing funds to charitable purposes.

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 R Vc Charitable Trust's IRS 990 filings:

Significant year-over-year revenue volatility, making future income less predictable.
Expenses exceeded revenue in two of the last four reported periods (2023 and 2021), potentially indicating reliance on reserves.

Strengths

The following positive indicators were identified for R Vc Charitable Trust:

Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
Substantial asset base ($18,184,170) providing strong financial stability.
Consistently low liabilities ($1 in most periods), suggesting sound financial management.
Consistent IRS 990 filing history, indicating good transparency.

Frequently Asked Questions about R Vc Charitable Trust

Is R Vc Charitable Trust a good charity?

Based on the provided financial data, R Vc Charitable Trust appears to be a well-managed organization with a strong asset base ($18,184,170) and a commitment to directing funds to its mission, as evidenced by zero officer compensation. Its consistent filings and minimal liabilities are positive indicators.

How does R Vc Charitable Trust manage its expenses?

The trust generally manages its expenses effectively. While expenses exceeded revenue in 2023 ($1,780,115 vs. $812,294) and 2021 ($1,241,031 vs. $652,081), it also had periods where revenue significantly outpaced expenses, such as in 2020 ($14,123,331 revenue vs. $3,604,018 expenses), suggesting a strategic approach to spending and asset utilization.

What is the financial stability of R Vc Charitable Trust?

The R Vc Charitable Trust demonstrates strong financial stability, holding substantial assets of $18,184,170 in its latest filing and consistently reporting minimal liabilities ($1 in most periods). This robust asset base provides a significant buffer against revenue fluctuations.

Filing History

IRS 990 filing history for R Vc Charitable Trust showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2020–2023), R Vc Charitable Trust's revenue has declined by 94.2%, moving from $14.1M to $812K. Total assets decreased by 5.7% over the same period, from $16.0M to $15.1M. Total functional expenses fell by 50.6%, from $3.6M to $1.8M. In its most recent filing year (2023), R Vc Charitable Trust reported a deficit of $968K, with expenses exceeding revenue. The organization holds $1 in liabilities against $15.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$812K	$1.8M	$15.1M	$1	—	—
2022	$1.6M	$900K	$16.1M	$1	—	View 990
2021	$652K	$1.2M	$15.4M	$1	—	View 990
2020	$14.1M	$3.6M	$16.0M	$0	—	—

Year-by-Year Financial Summary

2023: Revenue of $812K, expenses of $1.8M, and assets of $15.1M (revenue -47.8% year-over-year).
2022: Revenue of $1.6M, expenses of $900K, and assets of $16.1M (revenue +138.6% year-over-year).
2021: Revenue of $652K, expenses of $1.2M, and assets of $15.4M (revenue -95.4% year-over-year).
2020: Revenue of $14.1M, expenses of $3.6M, and assets of $16.0M.

Data Sources and Methodology

This transparency report for R Vc 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.