Charles Hackley Trust Fbo

Analysis

Charles Hackley Trust Fbo is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Charles Hackley Trust Fbo reported income of $249k and spending of $412k, spending 166% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $122k to $249k (+104%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 195%. Over the whole period it spent 181% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charles Hackley Trust Fbo sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Hudson Kiwanis Foundation ($249k), Minnesota Gis Lis Consortium ($249k) and Dodge Connection-Communities in Schools of Dodge County Inc ($249k).

Compensation of current officers, directors and key employees was $54k (13% of expenses). At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.