E G Cornwell Educational Trust

Analysis

E G Cornwell Educational Trust is a registered charity in United States, based in Jerseyville, IL. It received its IRS tax-exemption ruling in December 1990, 36 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 June 2024, E G Cornwell Educational Trust reported income of $82k and spending of $47k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $68k to $82k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 121%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, E G Cornwell Educational Trust sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Sioux Empire Home Builders Care Foundation ($82k), Mountain Man Memorial March ($82k) and Choral Singers of Marin ($82k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $865k against liabilities of $0, net assets of $865k.