Entrust

Analysis

Entrust is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Entrust reported income of $3.4m and spending of $3.9m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $3.4m (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Entrust sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Consortium of Jewish Day Schools Inc ($3.4m), Mesa Valley Community School ($3.4m) and Yeshiva Ruach Chaim Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $75k (1.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.9m against liabilities of $159k, net assets of $1.8m. It reported 53 employees.

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.