Hargrave Trust Uw Margert Ella Hargrave

Analysis

Hargrave Trust Uw Margert Ella Hargrave is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hargrave Trust Uw Margert Ella Hargrave reported income of $137k and spending of $112k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $65k to $137k (+112%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hargrave Trust Uw Margert Ella Hargrave sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Mississippi Valley State University James Herbert White Foundation ($137k), Helen Keller Foundation Inc ($137k) and Lokey Charities ($137k).

Compensation of current officers, directors and key employees was $731 (0.7% of expenses). At year end it held assets of $683k against liabilities of $0, net assets of $683k.