American College of Trust and Estate Counsel Foundation Inc

Analysis

American College of Trust and Estate Counsel Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, American College of Trust and Estate Counsel Foundation Inc reported income of $252k and spending of $231k, spending 92% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $220k to $252k (+15%), an average of +3.5% a year. The sharpest change came in the year to April 2021, when income rose by 113%. Over the whole period it spent 68% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, American College of Trust and Estate Counsel Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include Families for Freedom Inc ($252k), Childrens Advocacy Center of Cleveland County Inc ($252k) and Colbert County Community Corrections Inc ($252k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.6m against liabilities of $196k, net assets of $2.4m.