Local 22 Charitable Trust

Analysis

Local 22 Charitable Trust is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2023, Local 22 Charitable Trust reported income of $159k and spending of $134k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $107k to $159k (+49%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Local 22 Charitable Trust sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Tri-Towns Fire Co 1 Inc ($159k), Morgantown Rural Fire Department Inc ($159k) and Tierra Linda Volunteer Fire Dept ($159k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $647, net assets of $73k.