L Lee Stryker Memorial Trust

Analysis

L Lee Stryker Memorial Trust is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 1988, 38 years ago. 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 June 2023, L Lee Stryker Memorial Trust reported income of $59k and spending of $134k, spending 225% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $37k to $59k (+60%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 233%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, L Lee Stryker Memorial Trust sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include Diggers Garden Club ($59k), University Club of Claremont ($59k) and Drewersburg Volunteer Fire Department Inc ($59k).

Compensation of current officers, directors and key employees was $15k (12% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.