Platte River Trails Trust

Analysis

Platte River Trails Trust is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in April 1984, 42 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Platte River Trails Trust reported income of $527k and spending of $577k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $583k to $527k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to December 2023, when income rose by 223%. Over the whole period it spent 131% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Platte River Trails Trust sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within WY. Charities of a similar size with the same main cause include Diana Gregory Outreach Services ($527k), Cortland Community Foundation ($528k) and Warwick Education Foundation ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $90k. At year end it held assets of $7.0m against liabilities of $173, net assets of $7.0m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.