Henry W Starker Trust Hawkeye Bank & Trust Co Ttee

Analysis

Henry W Starker Trust Hawkeye Bank & Trust Co Ttee is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in November 1985, 41 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 May 2024, Henry W Starker Trust Hawkeye Bank & Trust Co Ttee reported income of $68k and spending of $113k, spending 166% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $88k to $68k (-23%), an average of -6.3% a year. The sharpest change came in the year to May 2023, when income dropped by 40%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henry W Starker Trust Hawkeye Bank & Trust Co Ttee 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 27th percentile, and in the 24th percentile within IA. Charities of a similar size with the same main cause include Bryan Cave Leighton Paisner Foundation ($68k), Veterans Coalition of the San Luis Valley ($68k) and Great East Lake Improvement Association ($68k).

Compensation of current officers, directors and key employees was $17k (15% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.