Amity Charitable Trust Fund

Analysis

Amity Charitable Trust Fund is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in November 1964, 62 years ago. 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, Amity Charitable Trust Fund reported income of $382k and spending of $220k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $382k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amity Charitable Trust Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Delaware Safety Council Inc ($382k), Columbia Classical Ballet Co ($382k) and Twin Falls School District 411 Educational Foundation Inc ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.