Corrib Charitable Trust Inc

Analysis

Corrib Charitable Trust Inc is a registered charity in United States, based in West Roxbury, MA. It received its IRS tax-exemption ruling in September 2000, 26 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Corrib Charitable Trust Inc reported income of $115k and spending of $133k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $115k (+6.0%), an average of +6.0% a year. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Corrib Charitable Trust Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Ellensburg School District Education Foundation ($115k), Functional Neurological Disorder Society Inc ($115k) and St Noel Endowment Fund ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $9,940 against liabilities of $0, net assets of $9,940.