Charlotte and Hazel Otyson Memorial Test TR

Analysis

Charlotte and Hazel Otyson Memorial Test TR is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in September 2001, 25 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 December 2023, Charlotte and Hazel Otyson Memorial Test TR reported income of $73k and spending of $40k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $73k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charlotte and Hazel Otyson Memorial Test TR sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within GA. Charities of a similar size with the same main cause include Were One Wilmington Inc ($73k), Widow and Hesed Fund ($73k) and St Georges Episcopal School Endowment Fund ($73k).

At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.