Charlotte Ann Russell Charitable Trust

Analysis

Charlotte Ann Russell Charitable Trust is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in August 1982, 44 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, Charlotte Ann Russell Charitable Trust reported income of $778k and spending of $757k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $778k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charlotte Ann Russell Charitable Trust sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Dyersville Area Foundation for the Future Inc ($778k), Interfaith Housing Coalition Inc ($778k) and Del Norte High School Athletic Booster Club ($778k).

At year end it held assets of $12.2m against liabilities of $700k, net assets of $11.5m.