Kelton & Alma White Memorial Trust

Analysis

Kelton & Alma White Memorial Trust is a registered charity in United States, based in Oaks, PA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Kelton & Alma White Memorial Trust reported income of $902k and spending of $523k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $636k to $902k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kelton & Alma White Memorial Trust sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include The United Way of Greater Niagara Inc ($902k), Northside Education Foundation ($903k) and Bloomington Community Foundation ($902k).

Compensation of current officers, directors and key employees was $66k (13% of expenses). At year end it held assets of $14.1m against liabilities of $0, net assets of $14.1m.