Margaret Remington Dingle Art Scholarship Trust

Analysis

Margaret Remington Dingle Art Scholarship Trust is a registered charity in United States, based in Ottawa, IL. It received its IRS tax-exemption ruling in June 1953, 73 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, Margaret Remington Dingle Art Scholarship Trust reported income of $103k and spending of $26k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $103k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Margaret Remington Dingle Art Scholarship Trust sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Indiana Environmental Health Association Inc ($103k), Operation Troop Support ($103k) and Soccer Assoc for Youth ($103k).

At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.