Tom Slick Memorial Trust Fbo

Analysis

Tom Slick Memorial Trust Fbo is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 1972, 54 years ago. Its declared purposes cover medical research, 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 December 2023, Tom Slick Memorial Trust Fbo reported income of $487k and spending of $1.5m, spending 298% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $529k to $487k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 245% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tom Slick Memorial Trust Fbo sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Granttown Emergency Medical Services Inc ($487k), McLaren Greater Lansing Foundation ($487k) and Bunker Hill Area Ambulance Service Inc ($487k).

At year end it held assets of $15.8m against liabilities of $13k, net assets of $15.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.