Floyd Throckmorton Testamentary Charitable Trust

Analysis

Floyd Throckmorton Testamentary Charitable Trust is a registered charity in United States, based in Guthrie, OK. It received its IRS tax-exemption ruling in June 1987, 39 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, Floyd Throckmorton Testamentary Charitable Trust reported income of $87k and spending of $67k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $108k to $87k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Floyd Throckmorton Testamentary Charitable Trust sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OK. Charities of a similar size with the same main cause include Friends of Cars Curing Kids Inc ($87k), Habitat for Humanity International Inc ($87k) and Friends of the Campus Inc ($87k).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.