Lila G Bull Charitable Trust Under Agreement Dated February 9 1998

Analysis

Lila G Bull Charitable Trust Under Agreement Dated February 9 1998 is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Lila G Bull Charitable Trust Under Agreement Dated February 9 1998 reported income of $119k and spending of $245k, spending 205% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $103k to $119k (+16%), an average of +3.7% a year. The sharpest change came in the year to September 2021, when income rose by 393%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lila G Bull Charitable Trust Under Agreement Dated February 9 1998 sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include St Joseph Lover of Poverty Inc ($119k), United Religions Initiativefoundation Inc ($119k) and Foundation for Davies County Public Schools Inc ($119k).

Compensation of current officers, directors and key employees was $40k (16% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.