Public Trust

Analysis

Public Trust is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Public Trust reported income of $170k and spending of $125k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2020 to June 2024, income grew from $80k to $170k (+113%), an average of +46% a year. The sharpest change came in the year to June 2024, when income rose by 143%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Public Trust sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Photographic Arts Council Los Angeles ($170k), Warren Civic Music Association ($170k) and The Stars and Stripes National Museum and Library ($170k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 14% of the total. At year end it held assets of $506k against liabilities of $2,131, net assets of $504k.