Robert W Traip Trust

Analysis

Robert W Traip Trust is a registered charity in United States, based in Kittery, ME. It received its IRS tax-exemption ruling in March 1949, 77 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Robert W Traip Trust reported income of $153k and spending of $94k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $271k to $153k (-44%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 42%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Robert W Traip Trust sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 41st percentile within ME. Charities of a similar size with the same main cause include Forest Park Elementary School Foundation ($153k), Phillipsburg Garnet Booster Club Foundation ($153k) and North America San-Yu Alumni Association Education Foundation ($153k).

At year end it held assets of $9.6m against liabilities of $627k, net assets of $9.0m.