Anne Wigton Wagner and Harris N Wagner Jr Charitable Trust

Analysis

Anne Wigton Wagner and Harris N Wagner Jr Charitable Trust is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anne Wigton Wagner and Harris N Wagner Jr Charitable Trust reported income of $153k and spending of $201k, spending 131% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $6.5m to $153k (-98%), an average of -53% a year. The sharpest change came in the year to December 2020, when income rose by 251%. Over the whole period it spent 12% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anne Wigton Wagner and Harris N Wagner Jr Charitable Trust sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within PA. Charities of a similar size with the same main cause include Lazarus House Initiative Inc ($153k), Kauai North Shore Food Pantry ($153k) and Martin County Community Fund Inc ($153k).

Compensation of current officers, directors and key employees was $21k (10% of expenses). At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.