Raytheon Co Employee Disability Trust
Raytheon Co Employee Disability Trust consistently disburses more than annual revenue, drawing down substantial assets with zero liabilities.
EIN: 133139242 · Farmington, CT · Updated: 2026-03-28
Is Raytheon Co Employee Disability Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Raytheon Co Employee Disability Trust directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Raytheon Co Employee Disability Trust
Raytheon Co Employee Disability Trust (EIN: 133139242) is a nonprofit organization based in Farmington, CT. The organization reported total revenue of $16.2M and total assets of $64.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raytheon Co Employee Disability Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Raytheon Co Employee Disability Trust with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Raytheon Co Employee Disability Trust allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 are compensated directly from the trust, which is highly favorable for a trust of this nature.
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 Raytheon Co Employee Disability Trust's IRS 990 filings:
- Consistent expenses exceeding revenue (though expected for a trust)
Strengths
The following positive indicators were identified for Raytheon Co Employee Disability Trust:
- Zero liabilities across all reported periods
- 0% officer compensation reported
- Substantial asset base ($64,055,461 currently)
- Consistent IRS 990 filing history
- High program spending (100% of expenses)
Frequently Asked Questions about Raytheon Co Employee Disability Trust
Is Raytheon Co Employee Disability Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Raytheon Co Employee Disability Trust (EIN: 133139242) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Raytheon Co Employee Disability Trust spend its money?
Raytheon Co Employee Disability Trust directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Raytheon Co Employee Disability Trust tax-deductible?
Raytheon Co Employee Disability Trust is registered as a tax-exempt nonprofit (EIN: 133139242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Raytheon Co Employee Disability Trust a good charity?
Based on the available IRS 990 data, the Raytheon Co Employee Disability Trust appears to be a well-managed and financially stable entity, consistently fulfilling its purpose without incurring liabilities. Its operational model involves disbursing funds, leading to expenses exceeding revenue and a gradual reduction in assets, which is expected for a trust of this type. The absence of officer compensation is a strong positive.
Why are expenses consistently higher than revenue?
Expenses are consistently higher than revenue because the trust is designed to disburse funds for employee disabilities, drawing down from its substantial asset base to meet these obligations. For example, in 2022, revenue was $14,815,364 while expenses were $24,598,544.
What is the trend in the trust's assets?
The trust's assets have been declining over the reported periods, from $106,531,052 in 2020 to $96,825,103 in 2021, and further to $70,956,878 in 2022, and currently $64,055,461. This is consistent with its operational model of disbursing funds.
Filing History
IRS 990 filing history for Raytheon Co Employee Disability Trust showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Raytheon Co Employee Disability Trust's revenue has declined by 35.4%, moving from $22.9M to $14.8M. Total assets decreased by 33.4% over the same period, from $106.5M to $71.0M. Total functional expenses fell by 3.3%, from $25.4M to $24.6M. In its most recent filing year (2022), Raytheon Co Employee Disability Trust reported a deficit of $9.8M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $14.8M | $24.6M | $71.0M | $0 | — | View 990 |
| 2021 | $19.0M | $26.0M | $96.8M | $0 | — | View 990 |
| 2020 | $22.9M | $25.4M | $106.5M | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $14.8M, expenses of $24.6M, and assets of $71.0M (revenue -22.2% year-over-year).
- 2021: Revenue of $19.0M, expenses of $26.0M, and assets of $96.8M (revenue -17.0% year-over-year).
- 2020: Revenue of $22.9M, expenses of $25.4M, and assets of $106.5M.
Data Sources and Methodology
This transparency report for Raytheon Co Employee Disability 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.