Leon M & Hazel E Fitch Trust Fbo Elliot Hospital 3035010323

Analysis

Leon M & Hazel E Fitch Trust Fbo Elliot Hospital 3035010323 is a registered charity in United States, based in Johnston, RI. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 August 2024, Leon M & Hazel E Fitch Trust Fbo Elliot Hospital 3035010323 reported income of $304k and spending of $265k, spending 87% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $80k to $304k (+281%), an average of +40% a year. The sharpest change came in the year to August 2021, when income rose by 257%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leon M & Hazel E Fitch Trust Fbo Elliot Hospital 3035010323 sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 58th percentile within RI. Charities of a similar size with the same main cause include Dunkirk-Fredonia Meals on Wheels Inc ($304k), May Owen Irrev TR ($304k) and Metropolitan Housing Development Corporation ($304k).

Compensation of current officers, directors and key employees was $23k (8.7% of expenses). At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.