Adaline J Craig Trust Under Indenture Dated November 18 1924

Analysis

Adaline J Craig Trust Under Indenture Dated November 18 1924 is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Adaline J Craig Trust Under Indenture Dated November 18 1924 reported income of $132k and spending of $130k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $132k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adaline J Craig Trust Under Indenture Dated November 18 1924 sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Achieve Goals ($132k), Lowlinc Inc ($132k) and Gibb Thomasville Village Inc ($132k).

Compensation of current officers, directors and key employees was $30k (23% of expenses). At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.