E W Montgomery Trusteeship

Analysis

E W Montgomery Trusteeship is a registered charity in United States, based in Jewell, IA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, E W Montgomery Trusteeship reported income of $162k and spending of $108k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $114k to $162k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 19%. 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, E W Montgomery Trusteeship sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Iva Community Recreation Center ($162k), Little League Baseball Inc ($162k) and Smith Point Volunteer Fire Department and Emergency Corps ($162k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $52k. At year end it held assets of $955k against liabilities of $0, net assets of $955k. It reported 2 employees.