Ralph W & Grace M Showalter Research Trust Fund

Analysis

Ralph W & Grace M Showalter Research Trust Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Ralph W & Grace M Showalter Research Trust Fund reported income of $2.8m and spending of $2.2m, spending 81% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.6m to $2.8m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to May 2021, when income rose by 188%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ralph W & Grace M Showalter Research Trust Fund sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Foundation for Learning Equality Inc ($2.8m), Northeast Wisconsin Technical College Education Foundation ($2.8m) and Beulah Academy of Science Inc ($2.8m).

Compensation of current officers, directors and key employees was $253k (11% of expenses). At year end it held assets of $45.3m against liabilities of $0, net assets of $45.3m.