George Sykes Manual Training School Trust

Analysis

George Sykes Manual Training School Trust is a registered charity in United States, based in Vernon, CT. It received its IRS tax-exemption ruling in March 1957, 69 years ago. Its declared purposes cover education, which this site groups under education and training. 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, George Sykes Manual Training School Trust reported income of $506k and spending of $213k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $506k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George Sykes Manual Training School Trust sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include Roots Family Center ($506k), Malverne Afterschool Center Inc ($506k) and Classical Studies Institute of Louisville Inc ($505k).

At year end it held assets of $7.4m against liabilities of $0, net assets of $7.4m.