Weaver-Parrish Charitable Trust

Analysis

Weaver-Parrish Charitable Trust is a registered charity in United States, based in Selma, AL. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2023, Weaver-Parrish Charitable Trust reported income of $155k and spending of $278k, spending 180% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $158k to $155k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 136% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Weaver-Parrish Charitable Trust sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Ottawa County United Way Inc ($155k), Community Foundation of Hamilton County ($155k) and CHS Sports Boosters Inc ($155k).

At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.