Kathrine R Everett Charitable Testamentary Trust

Analysis

Kathrine R Everett Charitable Testamentary Trust is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 November 2023, Kathrine R Everett Charitable Testamentary Trust reported income of $972k and spending of $1,896, leaving 100% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $643k to $972k (+51%), an average of +11% a year. The sharpest change came in the year to November 2023, when income rose by 113%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kathrine R Everett Charitable Testamentary Trust sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Judson Foundation ($972k), Rhi Foundation Inc ($973k) and American Friends of Assuta Ashdod Hospital Inc ($971k).

At year end it held assets of $14.9m against liabilities of $0, net assets of $14.9m.