Trust U/W Charles P Oconnor

Analysis

Trust U/W Charles P Oconnor is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 March 2024, Trust U/W Charles P Oconnor reported income of $1.4m and spending of $535k, leaving 61% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $476k to $1.4m (+190%), an average of +24% a year. The sharpest change came in the year to March 2024, when income rose by 263%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trust U/W Charles P Oconnor sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Ann Childrens Fund Inc ($1.4m), Visiting Nurse Association of Southwestern Indiana Inc ($1.4m) and Friends of Laurel House Inc ($1.4m).

Compensation of current officers, directors and key employees was $38k (7.2% of expenses). At year end it held assets of $9.9m against liabilities of $0, net assets of $9.9m.