J N Pew Jr Charitable Trust

Analysis

J N Pew Jr Charitable Trust is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 1967, 59 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, J N Pew Jr Charitable Trust reported income of $42.6m and spending of $23.2m, leaving 45% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $14.2m to $42.6m (+200%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J N Pew Jr Charitable Trust sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Indianapolis Motor Speedway Foundation Inc ($42.6m), Rivers School Corporation ($42.6m) and Tiegerman School ($42.6m).

Compensation of current officers, directors and key employees was $1.3m (5.8% of expenses). At year end it held assets of $399.5m against liabilities of $0, net assets of $399.5m.