J Wood Platt Caddie Scholarship Trust

Analysis

J Wood Platt Caddie Scholarship Trust is a registered charity in United States, based in Broomall, PA. It received its IRS tax-exemption ruling in September 1959, 67 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, J Wood Platt Caddie Scholarship Trust reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.2m to $2.2m (-2.0%), an average of -0.4% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J Wood Platt Caddie Scholarship 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 85th percentile within PA. Charities of a similar size with the same main cause include Chandler Compadres Inc ($2.2m), Snohomish Community Food Bank ($2.2m) and United Way Galveston County Mainland Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $12.6m against liabilities of $112k, net assets of $12.4m.