Crandall Melvin Chair for Wills & Trusts

Analysis

Crandall Melvin Chair for Wills & Trusts is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 1964, 62 years ago. 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 December 2023, Crandall Melvin Chair for Wills & Trusts reported income of $54k and spending of $71k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $65k to $54k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 225%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crandall Melvin Chair for Wills & Trusts sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Butte Citizens for Preservation and Revitalization Inc ($54k), Legatus ($54k) and PTA New Jersey Congress of Parents & Teachers ($54k).

Compensation of current officers, directors and key employees was $18k (25% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.