William T Childs Iii Charitabletrust Uw Dated 10 28 2004
William T Childs Iii Charitabletrust shows consistent asset decline over a decade with expenses frequently exceeding revenue.
EIN: 207095806 · Tupelo, MS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $362K |
| Total Expenses | $54K |
| Program Spending | 80% |
| Net Assets | $1.5M |
| Transparency Score | 70/100 |
Is William T Childs Iii Charitabletrust Uw Dated 10 28 2004 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William T Childs Iii Charitabletrust Uw Dated 10 28 2004
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 (EIN: 207095806) is a nonprofit organization based in Tupelo, MS, classified under NTEE code T20. The organization reported total revenue of $362K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William T Childs Iii Charitabletrust Uw Dated 10 28 2004's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 is a small 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 -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $54K |
| Surplus / Deficit | $-6,468 |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | -13.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 341.7 months |
Financial Health Grade: B
In 2023, William T Childs Iii Charitabletrust Uw Dated 10 28 2004 reported a deficit of $6K with expenses exceeding revenue, holds 341.7 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 (2011–2023), William T Childs Iii Charitabletrust Uw Dated 10 28 2004's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.0% | -43.7% | -0.5% |
| 2022 | -64.5% | -33.5% | -2.8% |
| 2021 | +156.4% | +158.9% | +0.3% |
| 2020 | -2.0% | -42.4% | +0.1% |
| 2019 | -5.5% | -7.8% | -3.3% |
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 William T Childs Iii Charitabletrust Uw Dated 10 28 2004 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: 80%
- fundraising: 5%
According to IRS 990 filings, William T Childs Iii Charitabletrust Uw Dated 10 28 2004 allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization operates without paid officers, which is highly efficient for a trust 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 William T Childs Iii Charitabletrust Uw Dated 10 28 2004's IRS 990 filings:
- Consistent decline in assets over the past decade, from $1,757,312 in 2011 to $1,548,834 in 2023.
- Expenses frequently exceed revenue (e.g., 2023: $54,397 expenses vs. $47,929 revenue; 2022: $96,536 expenses vs. $52,697 revenue).
Strengths
The following positive indicators were identified for William T Childs Iii Charitabletrust Uw Dated 10 28 2004:
- Zero executive compensation reported across all filings, indicating efficient use of funds.
- Minimal liabilities consistently reported (often $1), suggesting strong financial control.
- Long history of IRS 990 filings (10 filings), indicating good transparency.
Frequently Asked Questions about William T Childs Iii Charitabletrust Uw Dated 10 28 2004
Is William T Childs Iii Charitabletrust Uw Dated 10 28 2004 a legitimate charity?
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 (EIN: 207095806) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $362K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does William T Childs Iii Charitabletrust Uw Dated 10 28 2004 spend its money?
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to William T Childs Iii Charitabletrust Uw Dated 10 28 2004 tax-deductible?
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 is registered as a tax-exempt nonprofit (EIN: 207095806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of William T Childs Iii Charitabletrust Uw Dated 10 28 2004's spending goes to programs?
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does William T Childs Iii Charitabletrust Uw Dated 10 28 2004 compare to similar nonprofits?
With a transparency score of 70/100 (Good), William T Childs Iii Charitabletrust Uw Dated 10 28 2004 is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is William T Childs Iii Charitabletrust Uw Dated 10 28 2004 located?
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 is headquartered in Tupelo, Mississippi and files with the IRS under EIN 207095806. It is classified under NTEE code T20.
How many years of IRS 990 filings does William T Childs Iii Charitabletrust Uw Dated 10 28 2004 have?
William T Childs Iii Charitabletrust Uw Dated 10 28 2004 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 $362K in total revenue.
Is William T Childs Iii Charitabletrust Uw Dated 10 28 2004 a good charity?
Based on the available data, the trust appears to be well-managed with minimal liabilities and no executive compensation. However, its assets have been declining, and expenses have frequently exceeded revenue, which could impact its long-term sustainability if not addressed.
What is the trend in the trust's assets?
The trust's assets have shown a consistent downward trend, decreasing from $1,757,312 in 2011 to $1,548,834 in 2023.
Does the trust pay its officers?
No, the IRS 990 filings consistently report 0% for Officer Compensation across all available periods, indicating no paid officers.
Filing History
IRS 990 filing history for William T Childs Iii Charitabletrust Uw Dated 10 28 2004 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William T Childs Iii Charitabletrust Uw Dated 10 28 2004's revenue has declined by 57.9%, moving from $114K to $48K. Total assets decreased by 11.9% over the same period, from $1.8M to $1.5M. Total functional expenses fell by 50.9%, from $111K to $54K. In its most recent filing year (2023), William T Childs Iii Charitabletrust Uw Dated 10 28 2004 reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $54K | $1.5M | $1 | — | — |
| 2022 | $53K | $97K | $1.6M | $1 | — | View 990 |
| 2021 | $148K | $145K | $1.6M | $1 | — | — |
| 2020 | $58K | $56K | $1.6M | $1 | — | — |
| 2019 | $59K | $97K | $1.6M | $4K | — | View 990 |
| 2015 | $63K | $106K | $1.6M | $1 | — | View 990 |
| 2014 | $67K | $108K | $1.7M | $1 | — | View 990 |
| 2013 | $101K | $106K | $1.7M | $1 | — | View 990 |
| 2012 | $80K | $109K | $1.7M | $1 | — | View 990 |
| 2011 | $114K | $111K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $54K, and assets of $1.5M (revenue -9.0% year-over-year).
- 2022: Revenue of $53K, expenses of $97K, and assets of $1.6M (revenue -64.5% year-over-year).
- 2021: Revenue of $148K, expenses of $145K, and assets of $1.6M (revenue +156.4% year-over-year).
- 2020: Revenue of $58K, expenses of $56K, and assets of $1.6M (revenue -2.0% year-over-year).
- 2019: Revenue of $59K, expenses of $97K, and assets of $1.6M (revenue -5.5% year-over-year).
- 2015: Revenue of $63K, expenses of $106K, and assets of $1.6M (revenue -6.8% year-over-year).
- 2014: Revenue of $67K, expenses of $108K, and assets of $1.7M (revenue -33.7% year-over-year).
- 2013: Revenue of $101K, expenses of $106K, and assets of $1.7M (revenue +26.4% year-over-year).
- 2012: Revenue of $80K, expenses of $109K, and assets of $1.7M (revenue -29.6% year-over-year).
- 2011: Revenue of $114K, expenses of $111K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William T Childs Iii Charitabletrust Uw Dated 10 28 2004:
Data Sources and Methodology
This transparency report for William T Childs Iii Charitabletrust Uw Dated 10 28 2004 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.