Catherine D Sharpe Charitable Trust

Analysis

Catherine D Sharpe Charitable Trust is a registered charity in United States, based in Radnor, PA. It received its IRS tax-exemption ruling in May 1978, 48 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, Catherine D Sharpe Charitable Trust reported income of $2.3m and spending of $1.7m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.3m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catherine D Sharpe Charitable Trust sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Franklinton High School ($2.3m), Mid-York Library System ($2.3m) and New York City Industrial Technology Assistance Corporation ($2.3m).

Compensation of current officers, directors and key employees was $185k (11% of expenses). At year end it held assets of $33.0m against liabilities of $0, net assets of $33.0m.