Silas L Griffith Trust

Analysis

Silas L Griffith Trust is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Silas L Griffith Trust reported income of $88k and spending of $94k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $88k (+141%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 369%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Silas L Griffith Trust sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 25th percentile within VT. Charities of a similar size with the same main cause include United Way of Dickinson County Inc ($88k), Lens on Life Project ($88k) and Rotary Club of Santa Barbara Sunrise Charitable Foundation ($88k).

Compensation of current officers, directors and key employees was $13k (14% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.