NPT Charitable Asset TR

Analysis

NPT Charitable Asset TR is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in November 2011, 15 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 i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, NPT Charitable Asset TR reported income of $7.4m and spending of $12.0m, spending 161% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.0m to $7.4m (-47%), an average of -15% a year. The sharpest change came in the year to June 2020, when income rose by 117%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, NPT Charitable Asset TR sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Richmond Jewish Foundation ($7.4m), Capital Research Center ($7.5m) and Yakima Valley Community Foundation ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $17.2m against liabilities of $432k, net assets of $16.8m.