Ruth & Robert Satter Charitable Trust
Satter Charitable Trust: Consistent Giving, Minimal Overhead
EIN: 222986191 · Albuquerque, NM · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $40K |
| Program Spending | 90% |
| Net Assets | $543K |
| Transparency Score | 75/100 |
Is Ruth & Robert Satter Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ruth & Robert Satter Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ruth & Robert Satter Charitable Trust
Ruth & Robert Satter Charitable Trust (EIN: 222986191) is a nonprofit organization based in Albuquerque, NM. The organization reported total revenue of $162K and total assets of $565K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ruth & Robert Satter Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ruth & Robert Satter Charitable Trust is a small nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $40K |
| Surplus / Deficit | $-17,720 |
| Total Assets | $543K |
| Total Liabilities | $1 |
| Net Assets | $543K |
| Operating Margin | -79.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.9 months |
Financial Health Grade: B
In 2024, Ruth & Robert Satter Charitable Trust reported a deficit of $18K with expenses exceeding revenue, holds 162.9 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 (2012–2024), Ruth & Robert Satter Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -41.9% | +41.6% | +2.2% |
| 2023 | -10.1% | -19.0% | -0.6% |
| 2022 | +97.3% | -56.4% | -9.5% |
| 2021 | -8.8% | +1033.2% | +13.8% |
| 2020 | -50.2% | -86.1% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Ruth & Robert Satter Charitable Trust with a Mission Score of 75 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Ruth & Robert Satter 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported, as the trust operates with no paid employees, indicating a volunteer-driven or trustee-managed structure.
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 Ruth & Robert Satter Charitable Trust's IRS 990 filings:
- Lack of detailed program descriptions makes impact assessment challenging.
- No information on specific beneficiaries or grant recipients is provided in the summary data.
Strengths
The following positive indicators were identified for Ruth & Robert Satter Charitable Trust:
- Extremely low administrative and fundraising overhead, maximizing funds for charitable purposes.
- Consistent annual distributions relative to assets.
- Stable asset base over several years.
Frequently Asked Questions about Ruth & Robert Satter Charitable Trust
Is Ruth & Robert Satter Charitable Trust a legitimate charity?
Ruth & Robert Satter Charitable Trust (EIN: 222986191) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $162K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ruth & Robert Satter Charitable Trust spend its money?
Ruth & Robert Satter Charitable Trust directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ruth & Robert Satter Charitable Trust tax-deductible?
Ruth & Robert Satter Charitable Trust is registered as a tax-exempt nonprofit (EIN: 222986191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ruth & Robert Satter Charitable Trust's spending goes to programs?
Ruth & Robert Satter Charitable Trust directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ruth & Robert Satter Charitable Trust located?
Ruth & Robert Satter Charitable Trust is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 222986191.
How many years of IRS 990 filings does Ruth & Robert Satter Charitable Trust have?
Ruth & Robert Satter 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 $162K in total revenue.
What does Ruth & Robert Satter Charitable Trust do?
Ruth & Robert Satter Charitable Trust is a nonprofit organization in the Unknown sector, located in Albuquerque, New Mexico. It is classified under NTEE code Unknown.
How much revenue does Ruth & Robert Satter Charitable Trust have?
Ruth & Robert Satter Charitable Trust reported total revenue of $161,577. Based on 10 IRS 990 filings on record.
What are Ruth & Robert Satter Charitable Trust's total assets?
Ruth & Robert Satter Charitable Trust holds total assets of $565,246 as reported in IRS 990 filings.
Where is Ruth & Robert Satter Charitable Trust located?
Ruth & Robert Satter Charitable Trust is based in Albuquerque, New Mexico.
What is Ruth & Robert Satter Charitable Trust's EIN?
Ruth & Robert Satter Charitable Trust's Employer Identification Number (EIN) is 222986191. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Ruth & Robert Satter Charitable Trust?
Ruth & Robert Satter Charitable Trust is classified under NTEE code Unknown (Unknown).
Is Ruth & Robert Satter Charitable Trust a registered 501(c)(3)?
Ruth & Robert Satter Charitable Trust appears in IRS records (EIN: 222986191). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Ruth & Robert Satter Charitable Trust file IRS Form 990?
Yes, Ruth & Robert Satter Charitable Trust has 10 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was Ruth & Robert Satter Charitable Trust's revenue in 2024?
In the 202404 filing period, Ruth & Robert Satter Charitable Trust reported total revenue of $22,295, total expenses of $40,015, and net assets of $543,050.
Is Ruth & Robert Satter Charitable Trust's revenue growing or declining?
Ruth & Robert Satter Charitable Trust's revenue is declining. Revenue went from $38,355 (202304) to $22,295 (202404), a -41.9% change. Based on 10 filings on record.
What is Ruth & Robert Satter Charitable Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Ruth & Robert Satter Charitable Trust covers tax period 202404. It shows revenue of $22,295, expenses of $40,015, total assets of $543,050, and liabilities of $1.
How much does Ruth & Robert Satter Charitable Trust spend on programs vs administration?
Based on IRS 990 analysis, Ruth & Robert Satter Charitable Trust allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Ruth & Robert Satter Charitable Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Ruth & Robert Satter Charitable Trust appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Ruth & Robert Satter Charitable Trust?
The following concerns were identified: Lack of detailed program descriptions makes impact assessment challenging.. No information on specific beneficiaries or grant recipients is provided in the summary data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Ruth & Robert Satter Charitable Trust's strengths?
Positive indicators for Ruth & Robert Satter Charitable Trust include: Extremely low administrative and fundraising overhead, maximizing funds for charitable purposes.. Consistent annual distributions relative to assets.. Stable asset base over several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Ruth & Robert Satter Charitable Trust compensate executives?
Executive compensation is not reported, as the trust operates with no paid employees, indicating a volunteer-driven or trustee-managed structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'l1' (likely indicating a single trustee) and 'c0%' for compensation, what is the operational model that allows for such low overhead and how are grant decisions made?
The 'l1' suggests a single trustee or a very small, unpaid board, which inherently minimizes administrative costs. Grant decisions are likely made directly by the trustee(s) based on the trust's founding principles, without the need for extensive staff or external consultants.
How does the trust identify and vet its charitable recipients without incurring significant administrative or program-related expenses?
Without detailed program expenses, it's probable the trust either has long-standing relationships with specific charities, or its distributions are to well-known, established organizations that require minimal vetting effort from the trust's side, allowing for efficient allocation of funds.
Filing History
IRS 990 filing history for Ruth & Robert Satter Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Ruth & Robert Satter Charitable Trust's revenue has grown by 400.2%, moving from $4K to $22K. Total assets increased by 250.6% over the same period, from $155K to $543K. Total functional expenses rose by 745.4%, from $5K to $40K. In its most recent filing year (2024), Ruth & Robert Satter Charitable Trust reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $543K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $543K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $22K | $40K | $543K | $1 | — | — |
| 2023 | $38K | $28K | $531K | $1 | — | — |
| 2022 | $43K | $35K | $534K | $1 | — | — |
| 2021 | $22K | $80K | $591K | $1 | — | — |
| 2020 | $24K | $7K | $519K | $1 | — | View 990 |
| 2016 | $48K | $51K | $558K | $1 | — | View 990 |
| 2015 | $53K | $47K | $614K | $0 | — | View 990 |
| 2014 | $55K | $29K | $583K | $0 | — | View 990 |
| 2013 | $3K | $22K | $142K | $0 | — | View 990 |
| 2012 | $4K | $5K | $155K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $22K, expenses of $40K, and assets of $543K (revenue -41.9% year-over-year).
- 2023: Revenue of $38K, expenses of $28K, and assets of $531K (revenue -10.1% year-over-year).
- 2022: Revenue of $43K, expenses of $35K, and assets of $534K (revenue +97.3% year-over-year).
- 2021: Revenue of $22K, expenses of $80K, and assets of $591K (revenue -8.8% year-over-year).
- 2020: Revenue of $24K, expenses of $7K, and assets of $519K (revenue -50.2% year-over-year).
- 2016: Revenue of $48K, expenses of $51K, and assets of $558K (revenue -9.4% year-over-year).
- 2015: Revenue of $53K, expenses of $47K, and assets of $614K (revenue -4.8% year-over-year).
- 2014: Revenue of $55K, expenses of $29K, and assets of $583K (revenue +1772.9% year-over-year).
- 2013: Revenue of $3K, expenses of $22K, and assets of $142K (revenue -33.9% year-over-year).
- 2012: Revenue of $4K, expenses of $5K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ruth & Robert Satter Charitable Trust:
Data Sources and Methodology
This transparency report for Ruth & Robert Satter 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.