Edgar W Freeman Charitable Trust 17174 W-555 First Natl Bank BLDG

Analysis

Edgar W Freeman Charitable Trust 17174 W-555 First Natl Bank BLDG is a registered charity in United States, based in Yankton, SD. It received its IRS tax-exemption ruling in February 1980, 46 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 December 2023, Edgar W Freeman Charitable Trust 17174 W-555 First Natl Bank BLDG reported income of $392k and spending of $307k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $603k to $392k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edgar W Freeman Charitable Trust 17174 W-555 First Natl Bank BLDG sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within SD. Charities of a similar size with the same main cause include DBM Restoration Ministries ($392k), National Center for Access to Justice Inc ($392k) and Port Washington Parent Resource Center ($392k).

Compensation of current officers, directors and key employees was $37k (12% of expenses). At year end it held assets of $6.6m against liabilities of $0, net assets of $6.6m.