Leon M Fitch Shrine Hospital Trust State Street Bank & Trust Co

Analysis

Leon M Fitch Shrine Hospital Trust State Street Bank & Trust Co is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 1985, 41 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 September 2023, Leon M Fitch Shrine Hospital Trust State Street Bank & Trust Co reported income of $180k and spending of $398k, spending 221% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $443k to $180k (-59%), an average of -26% a year. The sharpest change came in the year to September 2023, when income dropped by 74%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Leon M Fitch Shrine Hospital Trust State Street Bank & Trust Co 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 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Friends of Shenendehowa Crew Inc ($180k), Hadrat David Inc ($180k) and Justice Cream Collective ($180k).

Compensation of current officers, directors and key employees was $50k (12% of expenses). At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m.