Andrew Squire Testamentary TR

Analysis

Andrew Squire Testamentary TR is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in December 1970, 56 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Andrew Squire Testamentary TR reported income of $2.4m and spending of $4.0m, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.7m to $2.4m (-58%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Andrew Squire Testamentary TR sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Marijuana Policy Project Foundation ($2.4m), Winona Community Foundation Inc ($2.4m) and Friends of Mvyradio Inc ($2.4m).

Compensation of current officers, directors and key employees was $329k (8.2% of expenses). At year end it held assets of $51.0m against liabilities of $0, net assets of $51.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.