Henry E & Nancy H Bartels Trust Fbo Cornell University

Analysis

Henry E & Nancy H Bartels Trust Fbo Cornell University is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in December 1986, 40 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, Henry E & Nancy H Bartels Trust Fbo Cornell University reported income of $194k and spending of $189k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $194k (+149%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 741%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henry E & Nancy H Bartels Trust Fbo Cornell University 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 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Capital Public Radio Endowment Inc ($194k), Koronis Lake Association Inc ($194k) and Little League Baseball Inc ($194k).

At year end it held assets of $3.1m against liabilities of $1.5m, net assets of $1.5m.