Monte Cassino Charitable Trust

Analysis

Monte Cassino Charitable Trust is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Monte Cassino Charitable Trust reported income of $367k and spending of $5,008, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $253k to $367k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monte Cassino Charitable Trust sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within OK. Charities of a similar size with the same main cause include Carmel-Clay Educational Foundation Inc ($367k), Creekview Grizzlies Touchdown Club ($367k) and Reinlaender Mennonite School West Side Inc ($367k).

At year end it held assets of $8.9m against liabilities of $0, net assets of $8.9m.