Weber County Homeless Charitable Trust Fund
Weber County Homeless Charitable Trust Fund maintains strong assets and no debt, with expenses exceeding revenue in recent periods.
EIN: 201975113 · Ogden, UT · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $114K |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is Weber County Homeless Charitable Trust Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weber County Homeless Charitable Trust Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Weber County Homeless Charitable Trust Fund
Weber County Homeless Charitable Trust Fund (EIN: 201975113) is a nonprofit organization based in Ogden, UT, classified under NTEE code P60. The organization reported total revenue of $226K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weber County Homeless Charitable Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weber County Homeless Charitable Trust Fund is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $114K |
| Surplus / Deficit | $-40,029 |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | -54.3% |
| Months of Reserves | 147.4 months |
Financial Health Grade: B
In 2023, Weber County Homeless Charitable Trust Fund reported a deficit of $40K with expenses exceeding revenue, holds 147.4 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Weber County Homeless Charitable Trust Fund's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.4% | +78.4% | +9.6% |
| 2022 | -49.4% | +327.2% | -18.3% |
| 2021 | +332.7% | +43.2% | +13.5% |
| 2020 | -72.6% | -12.5% | +14.8% |
| 2019 | +184.2% | -76.1% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Weber County Homeless Charitable Trust Fund 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, Weber County Homeless Charitable Trust Fund 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 $40K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that executive roles are compensated through other means not reported as officer compensation, which is highly efficient for a nonprofit of its 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.
Red Flags
The following concerns were identified during AI analysis of Weber County Homeless Charitable Trust Fund's IRS 990 filings:
- Expenses exceeded revenue in the latest filing period (202312: Revenue=$73,737, Expenses=$113,766), though this is offset by significant assets.
Strengths
The following positive indicators were identified for Weber County Homeless Charitable Trust Fund:
- Strong asset base ($1,458,344) providing financial stability.
- Zero liabilities reported across all 14 filings, indicating excellent financial health.
- 0% officer compensation reported, suggesting highly efficient administrative spending.
- Consistent filing history (14 filings) demonstrating strong transparency.
- Clear mission focus (NTEE P60 - Housing, Shelter).
Frequently Asked Questions about Weber County Homeless Charitable Trust Fund
Is Weber County Homeless Charitable Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Weber County Homeless Charitable Trust Fund (EIN: 201975113) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Weber County Homeless Charitable Trust Fund spend its money?
Weber County Homeless Charitable Trust Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Weber County Homeless Charitable Trust Fund tax-deductible?
Weber County Homeless Charitable Trust Fund is registered as a tax-exempt nonprofit (EIN: 201975113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Weber County Homeless Charitable Trust Fund compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Weber County Homeless Charitable Trust Fund is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Weber County Homeless Charitable Trust Fund located?
Weber County Homeless Charitable Trust Fund is headquartered in Ogden, Utah and files with the IRS under EIN 201975113. It is classified under NTEE code P60.
How many years of IRS 990 filings does Weber County Homeless Charitable Trust Fund have?
Weber County Homeless Charitable Trust Fund has 14 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 $226K in total revenue.
Is Weber County Homeless Charitable Trust Fund a good charity?
Based on its strong asset base ($1,458,344), consistent lack of liabilities, and 0% officer compensation, the organization appears to be a well-managed and efficient charity. Its consistent filing history also indicates good transparency.
How does the organization fund its operations given recent expense-to-revenue ratios?
While recent periods (e.g., 202312: Revenue=$73,737, Expenses=$113,766) show expenses exceeding revenue, the organization has a substantial asset base ($1,458,344) which likely allows it to draw from reserves or investment income to cover operational costs and program disbursements.
What is the primary source of the organization's revenue?
The filings indicate fluctuating revenue streams, with the latest revenue at $226,144. Given its nature as a trust fund, revenue likely comes from donations, grants, and investment income from its substantial assets.
Filing History
IRS 990 filing history for Weber County Homeless Charitable Trust Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Weber County Homeless Charitable Trust Fund's revenue has declined by 50.8%, moving from $150K to $74K. Total assets increased by 17.7% over the same period, from $1.2M to $1.4M. Total functional expenses rose by 1542.6%, from $7K to $114K. In its most recent filing year (2023), Weber County Homeless Charitable Trust Fund reported a deficit of $40K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $114K | $1.4M | $0 | — | — |
| 2022 | $54K | $64K | $1.3M | $0 | — | View 990 |
| 2021 | $108K | $15K | $1.6M | $0 | — | — |
| 2020 | $25K | $10K | $1.4M | $0 | — | View 990 |
| 2019 | $91K | $12K | $1.2M | $0 | — | View 990 |
| 2018 | $32K | $50K | $1.0M | $0 | — | View 990 |
| 2017 | $54K | $13K | $1.2M | $0 | — | View 990 |
| 2016 | $26K | $13K | $1.0M | $0 | — | View 990 |
| 2015 | $44K | $20K | $944K | $0 | — | View 990 |
| 2014 | $58K | $167K | $1.0M | $0 | — | View 990 |
| 2013 | $59K | $38K | $1.1M | $0 | — | View 990 |
| 2012 | $43K | $58K | $1.1M | $0 | — | View 990 |
| 2011 | $142K | $8K | $1.0M | $0 | — | View 990 |
| 2010 | $150K | $7K | $1.2M | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $114K, and assets of $1.4M (revenue +35.4% year-over-year).
- 2022: Revenue of $54K, expenses of $64K, and assets of $1.3M (revenue -49.4% year-over-year).
- 2021: Revenue of $108K, expenses of $15K, and assets of $1.6M (revenue +332.7% year-over-year).
- 2020: Revenue of $25K, expenses of $10K, and assets of $1.4M (revenue -72.6% year-over-year).
- 2019: Revenue of $91K, expenses of $12K, and assets of $1.2M (revenue +184.2% year-over-year).
- 2018: Revenue of $32K, expenses of $50K, and assets of $1.0M (revenue -41.2% year-over-year).
- 2017: Revenue of $54K, expenses of $13K, and assets of $1.2M (revenue +111.6% year-over-year).
- 2016: Revenue of $26K, expenses of $13K, and assets of $1.0M (revenue -41.9% year-over-year).
- 2015: Revenue of $44K, expenses of $20K, and assets of $944K (revenue -23.8% year-over-year).
- 2014: Revenue of $58K, expenses of $167K, and assets of $1.0M (revenue -1.4% year-over-year).
- 2013: Revenue of $59K, expenses of $38K, and assets of $1.1M (revenue +36.6% year-over-year).
- 2012: Revenue of $43K, expenses of $58K, and assets of $1.1M (revenue -69.8% year-over-year).
- 2011: Revenue of $142K, expenses of $8K, and assets of $1.0M (revenue -4.9% year-over-year).
- 2010: Revenue of $150K, expenses of $7K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weber County Homeless Charitable Trust Fund:
Data Sources and Methodology
This transparency report for Weber County Homeless Charitable Trust Fund 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.