Andrew Shaw Memorial Trust

Analysis

Andrew Shaw Memorial Trust is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Andrew Shaw Memorial Trust reported income of $414k and spending of $372k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $492k to $414k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Andrew Shaw Memorial Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include Reading Legacies ($414k), My Life My Power World Inc ($415k) and Shemilah Outreach Center ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 29% of the total. At year end it held assets of $3.0m against liabilities of $8,750, net assets of $3.0m.