Nellie H Stevens Testementary Trusts

Analysis

Nellie H Stevens Testementary Trusts is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 November 2023, Nellie H Stevens Testementary Trusts reported income of $67k and spending of $75k, spending 113% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $138k to $67k (-52%), an average of -17% a year. The sharpest change came in the year to November 2021, when income rose by 147%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nellie H Stevens Testementary Trusts sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include International Modapts Association Inc ($67k), Chinatown Fresno Foundation ($67k) and Darrington Community Club Inc ($67k).

Compensation of current officers, directors and key employees was $15k (20% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.