Arnold J & Doris V Cioffi Charitable Trust

Analysis

Arnold J & Doris V Cioffi Charitable Trust is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arnold J & Doris V Cioffi Charitable Trust reported income of $179k and spending of $141k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $341k to $179k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 379%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arnold J & Doris V Cioffi Charitable Trust sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within KS. Charities of a similar size with the same main cause include Orah Vsimcha Inc ($178k), Radius Ministries Inc ($179k) and Ariel Outreach Mission ($178k).

Compensation of current officers, directors and key employees was $22k (16% of expenses). At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.