Charles D Nelson TR

Analysis

Charles D Nelson TR is a registered charity in United States, based in Ellsworth, ME. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2024, Charles D Nelson TR reported income of $451k and spending of $229k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $109k to $451k (+313%), an average of +42% a year. The sharpest change came in the year to June 2021, when income rose by 304%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charles D Nelson TR sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 64th percentile within ME. Charities of a similar size with the same main cause include Williams County Humane Society ($451k), Newton Child Development Center ($451k) and Hopeline Inc ($451k).

Compensation of current officers, directors and key employees was $63k (27% of expenses). At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.