Lillian Hagopian Corey Charitable T Rust

Analysis

Lillian Hagopian Corey Charitable T Rust is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in January 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 May 2023, Lillian Hagopian Corey Charitable T Rust reported income of $76k and spending of $181k, spending 238% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $140k to $76k (-46%), an average of -14% a year. The sharpest change came in the year to May 2022, when income rose by 1174%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lillian Hagopian Corey Charitable T Rust sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Society of California Archivists Inc ($76k), Particular Council Society of St Vincent de Paul ($76k) and Preservation Alliance Inc ($76k).

Other salaries and wages came to $41k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.