Morton F Plant Hospital Trust 0412 First National Bank Ttee Trust Dep

Analysis

Morton F Plant Hospital Trust 0412 First National Bank Ttee Trust Dep is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 1962, 64 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, Morton F Plant Hospital Trust 0412 First National Bank Ttee Trust Dep reported income of $151k and spending of $64k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $151k (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 218%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morton F Plant Hospital Trust 0412 First National Bank Ttee Trust Dep sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Thompson Valley Art League ($151k), Harvard Club of Southern Conn ($151k) and Humboldt Youth Soccer League Inc ($151k).

Compensation of current officers, directors and key employees was $24k (37% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.