Case Western Reserve University Endowment Trust for Distinguished

Analysis

Case Western Reserve University Endowment Trust for Distinguished is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1963, 63 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, Case Western Reserve University Endowment Trust for Distinguished reported income of $379k and spending of $904k, spending 239% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $379k (-88%), an average of -41% a year. The sharpest change came in the year to December 2021, when income rose by 311%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Case Western Reserve University Endowment Trust for Distinguished sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Virginians for Veterans ($379k), Feed the Hungry Project ($379k) and Resident Advisory Board of Philadelphia ($379k).

Compensation of current officers, directors and key employees was $118k (13% of expenses). At year end it held assets of $13.9m against liabilities of $0, net assets of $13.9m.