Carleton Trust DD 050983

Analysis

Carleton Trust DD 050983 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Carleton Trust DD 050983 reported income of $819k and spending of $1.2m, spending 140% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.3m to $819k (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 346%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carleton Trust DD 050983 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 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Our Montessori School ($819k), Bloomington Center for Global Children ($819k) and Baker County Christian Co-Op ($819k).

Compensation of current officers, directors and key employees was $234k (20% of expenses). At year end it held assets of $23.8m against liabilities of $0, net assets of $23.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.