Elizabeth Virginia White Trust U/W for University of Delaware

Analysis

Elizabeth Virginia White Trust U/W for University of Delaware is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 1973, 53 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elizabeth Virginia White Trust U/W for University of Delaware reported income of $62k and spending of $140k, spending 226% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $75k to $62k (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income rose by 395%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elizabeth Virginia White Trust U/W for University of Delaware sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within DE. Charities of a similar size with the same main cause include Catholic Migrant Farmworker Network Inc ($62k), PTA North Carolina Congress ($62k) and Virginia Association of Colleges and Employers Inc ($62k).

Compensation of current officers, directors and key employees was $15k (11% of expenses). At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.