William Van Overloop Charitable Remainder Trust

Analysis

William Van Overloop Charitable Remainder Trust is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1993, 33 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 February 2024, William Van Overloop Charitable Remainder Trust reported income of $157k and spending of $38k, leaving 76% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income grew from $26k to $157k (+498%), an average of +56% a year. The sharpest change came in the year to February 2024, when income rose by 791%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, William Van Overloop Charitable Remainder Trust sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Middlesex Defense Attorneys Inc ($157k), Brothers of the Desert Corporation ($157k) and Jesus Is the Light Ministries- Lighthouse ($157k).

Compensation of current officers, directors and key employees was $8,118 (21% of expenses). At year end it held assets of $573k against liabilities of $0, net assets of $573k.