Bernard H Van Der Steen Trust

Analysis

Bernard H Van Der Steen Trust is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Bernard H Van Der Steen Trust reported income of $2.3m and spending of $2.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.3m (+78%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bernard H Van Der Steen Trust sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Princeton Healthcare System Inc ($2.3m), The Northern Neck Middlesex Free Health Clinic Inc ($2.3m) and Washington Chapter-American Academy of Pediatrics ($2.3m).

Compensation of current officers, directors and key employees was $111k (5.1% of expenses). At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.