Robert Wingett Charitable Trust
Robert Wingett Charitable Trust accumulates significant assets with minimal expenses and no officer compensation.
EIN: 205250511 · Pomeroy, OH · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $162K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.2M |
| Transparency Score | 70/100 |
Is Robert Wingett Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert Wingett Charitable Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert Wingett Charitable Trust
Robert Wingett Charitable Trust (EIN: 205250511) is a nonprofit organization based in Pomeroy, OH, classified under NTEE code B82. The organization reported total revenue of $5.8M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert Wingett Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert Wingett Charitable Trust is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 34.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $162K |
| Surplus / Deficit | +$1.7M |
| Total Assets | $6.2M |
| Total Liabilities | $4K |
| Net Assets | $6.2M |
| Operating Margin | 91.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 457.8 months |
Financial Health Grade: A
In 2023, Robert Wingett Charitable Trust reported a surplus of $1.7M with revenue exceeding expenses, holds 457.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Robert Wingett Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 34.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1618.0% | +50.1% | +309.3% |
| 2022 | -53.3% | +26.1% | -0.1% |
| 2021 | +90.7% | +8.4% | +11.3% |
| 2020 | +15.3% | -21.0% | +2.5% |
| 2019 | -6.0% | -12.8% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Robert Wingett Charitable Trust with a Mission Score of 70 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: 85%
- fundraising: 0%
According to IRS 990 filings, Robert Wingett Charitable Trust allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the trust operates without paid officers or that any administrative functions are handled on a volunteer basis or through contracted services not classified as officer compensation. This is highly unusual for an organization managing over $6 million in assets and contributes to its very low administrative overhead.
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 Robert Wingett Charitable Trust's IRS 990 filings:
- Low expense-to-revenue ratio suggests significant fund accumulation rather than immediate deployment for charitable activities, which may raise questions about the pace of charitable distribution.
- Lack of detailed program spending breakdown in the provided data makes it difficult to assess direct charitable impact.
Strengths
The following positive indicators were identified for Robert Wingett Charitable Trust:
- Zero officer compensation across all reported periods indicates extremely low administrative overhead.
- Strong asset growth from $712,376 in 201112 to $6,237,229 currently, demonstrating robust financial management and investment returns.
- Consistent financial stability with positive net assets and minimal liabilities.
- High financial efficiency in terms of operational costs relative to assets managed.
Frequently Asked Questions about Robert Wingett Charitable Trust
Is Robert Wingett Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert Wingett Charitable Trust (EIN: 205250511) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Robert Wingett Charitable Trust spend its money?
Robert Wingett Charitable Trust directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Robert Wingett Charitable Trust tax-deductible?
Robert Wingett Charitable Trust is registered as a tax-exempt nonprofit (EIN: 205250511). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Robert Wingett Charitable Trust CEO make?
Robert Wingett Charitable Trust's highest-compensated officer earns $6 annually. The organization reported $5.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Robert Wingett Charitable Trust compare to similar nonprofits?
With a transparency score of 70/100 (Good), Robert Wingett Charitable Trust is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Robert Wingett Charitable Trust located?
Robert Wingett Charitable Trust is headquartered in Pomeroy, Ohio and files with the IRS under EIN 205250511. It is classified under NTEE code B82.
How many years of IRS 990 filings does Robert Wingett Charitable Trust have?
Robert Wingett Charitable Trust 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 $5.8M in total revenue.
Is Robert Wingett Charitable Trust a good charity?
As a private charitable trust, its 'goodness' depends on its grant-making activities, which are not detailed in the provided summary. Financially, it is very efficient in terms of overhead (0% officer compensation) and has strong asset growth, but its direct impact depends on how effectively it distributes its accumulated funds to other charitable causes.
Why are expenses so low compared to revenue and assets?
The trust's expenses are low because it appears to primarily function as a grant-making entity (common for private foundations) rather than an operating charity with direct program costs. Its main 'expense' would be the grants it makes, which are not explicitly detailed in the provided expense figures but would be the primary outflow of its charitable funds. The significant revenue in 202312 ($1,820,158) with only $162,198 in expenses suggests a large portion of income is being retained or invested for future grant-making.
How does the trust ensure transparency without officer compensation?
The absence of officer compensation indicates a lean operational structure, potentially relying on volunteer efforts or external professional services. Transparency would then rely on the clear reporting of its grant recipients and the governance structure overseeing its asset management and distribution decisions, which are typically detailed in the full 990 filing.
What is the primary use of the trust's assets?
Given its nature as a charitable trust and NTEE code B82 (Private Grantmaking Foundations), the primary use of its assets is likely to generate investment income and to make grants to other qualifying charitable organizations, fulfilling its philanthropic mission indirectly.
Filing History
IRS 990 filing history for Robert Wingett Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert Wingett Charitable Trust's revenue has grown by 3280.9%, moving from $54K to $1.8M. Total assets increased by 768.6% over the same period, from $712K to $6.2M. Total functional expenses rose by 373.9%, from $34K to $162K. In its most recent filing year (2023), Robert Wingett Charitable Trust reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $4K in liabilities against $6.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $162K | $6.2M | $4K | — | — |
| 2022 | $106K | $108K | $1.5M | $4K | — | View 990 |
| 2021 | $227K | $86K | $1.5M | $4K | — | — |
| 2020 | $119K | $79K | $1.4M | $4K | — | — |
| 2019 | $103K | $100K | $1.3M | $3K | — | View 990 |
| 2015 | $110K | $115K | $1.4M | $4K | — | View 990 |
| 2014 | $98K | $90K | $1.4M | $4K | — | View 990 |
| 2013 | $115K | $81K | $1.4M | $1 | — | View 990 |
| 2012 | $98K | $41K | $769K | $0 | — | View 990 |
| 2011 | $54K | $34K | $712K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $162K, and assets of $6.2M (revenue +1618.0% year-over-year).
- 2022: Revenue of $106K, expenses of $108K, and assets of $1.5M (revenue -53.3% year-over-year).
- 2021: Revenue of $227K, expenses of $86K, and assets of $1.5M (revenue +90.7% year-over-year).
- 2020: Revenue of $119K, expenses of $79K, and assets of $1.4M (revenue +15.3% year-over-year).
- 2019: Revenue of $103K, expenses of $100K, and assets of $1.3M (revenue -6.0% year-over-year).
- 2015: Revenue of $110K, expenses of $115K, and assets of $1.4M (revenue +12.2% year-over-year).
- 2014: Revenue of $98K, expenses of $90K, and assets of $1.4M (revenue -14.7% year-over-year).
- 2013: Revenue of $115K, expenses of $81K, and assets of $1.4M (revenue +16.6% year-over-year).
- 2012: Revenue of $98K, expenses of $41K, and assets of $769K (revenue +82.6% year-over-year).
- 2011: Revenue of $54K, expenses of $34K, and assets of $712K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert Wingett Charitable Trust:
Data Sources and Methodology
This transparency report for Robert Wingett 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.