Residuary Trust Under Will of H Ogden Brainard DTD 072590

Analysis

Residuary Trust Under Will of H Ogden Brainard DTD 072590 is a registered charity in United States, based in Charleston, IL. It received its IRS tax-exemption ruling in July 1994, 32 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Residuary Trust Under Will of H Ogden Brainard DTD 072590 reported income of $178k and spending of $157k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $178k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Residuary Trust Under Will of H Ogden Brainard DTD 072590 sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Marie a Russo Neighborhood Center Institute Inc ($178k), Good Bourbon for a Good Cause ($178k) and Pop Warner Little Scholars Inc ($178k).

At year end it held assets of $4.3m against liabilities of $93k, net assets of $4.2m.