Guardian Trust Foundation Inc

Analysis

Guardian Trust Foundation Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Guardian Trust Foundation Inc reported income of $4.7m and spending of $4.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $4.7m (+864%), an average of +76% a year. The sharpest change came in the year to December 2022, when income rose by 526%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guardian Trust Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Farm Foundation ($4.7m), Agewell Services of W Michigan ($4.7m) and Harlem Dowling Westside Center Children and Family Services ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $254k (5.5% of expenses). At year end it held assets of $203k against liabilities of $32k, net assets of $171k. It reported 2 employees.