Eugenie Prendergast Trust

Analysis

Eugenie Prendergast Trust is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Eugenie Prendergast Trust reported income of $533k and spending of $530k, spending 99% of its income. Across the 2 years on record, from June 2019 to June 2020, income grew from $177k to $533k (+201%), an average of +201% a year. The sharpest change came in the year to June 2020, when income rose by 201%. Over the whole period it spent 149% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eugenie Prendergast 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Council Grove Area Foundation ($533k), North Carolina Foundation for Public School Children ($534k) and Peyton Walker Foundation ($533k).

Compensation of current officers, directors and key employees was $84k (16% of expenses). At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m.