Frank M Houck Trust Ua 2 0543bn

Analysis

Frank M Houck Trust Ua 2 0543bn is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Frank M Houck Trust Ua 2 0543bn reported income of $79k and spending of $100k, spending 127% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $242k to $79k (-67%), an average of -24% a year. The sharpest change came in the year to March 2022, when income rose by 252%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Frank M Houck Trust Ua 2 0543bn sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Vintage Transporter Owners Foundation Inc ($79k), Spirit Rising ($79k) and Amare Stoudemire Foundation ($79k).

Compensation of current officers, directors and key employees was $28k (28% of expenses). At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.