American Trust 33-11272-66 33-11512-98 Fbo

Analysis

American Trust 33-11272-66 33-11512-98 Fbo is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in May 1949, 77 years ago. Its declared purposes cover education, which this site groups under education and training. 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, American Trust 33-11272-66 33-11512-98 Fbo reported income of $7.0m and spending of $7.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.0m to $7.0m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Trust 33-11272-66 33-11512-98 Fbo sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within DE. Charities of a similar size with the same main cause include Charles E Cotting Charitable Corp ($7.0m), Greenwave Organization Corp ($7.0m) and Barr Center ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $39k (0.5% of expenses). At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.