Cornwall Manor Workers Compensation Trust

Analysis

Cornwall Manor Workers Compensation Trust is a registered charity in United States, based in Cornwall, PA. It received its IRS tax-exemption ruling in June 1994, 32 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, Cornwall Manor Workers Compensation Trust reported income of $185k and spending of $203k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $185k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 146% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cornwall Manor Workers Compensation Trust sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Togive International ($185k), LA Jolla Golden Triangle Rotary Club Foundation ($185k) and PTA North Carolina Congress ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $231k against liabilities of $117k, net assets of $114k.