Thomas Gregory Skinner Memorial Trust

Analysis

Thomas Gregory Skinner Memorial Trust is a registered charity in United States, based in Hertford, NC. It received its IRS tax-exemption ruling in August 1974, 52 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, Thomas Gregory Skinner Memorial Trust reported income of $66k and spending of $18k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $66k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thomas Gregory Skinner Memorial Trust sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NC. Charities of a similar size with the same main cause include Metropolitan Collegiate Hockey Conference Inc ($66k), Daniel J Gross High School Endowment Foundation ($66k) and American Inns of Court Foundation ($66k).

At year end it held assets of $373k against liabilities of $0, net assets of $373k.