Alice Leala Price Charitable Trust 43-01455

Analysis

Alice Leala Price Charitable Trust 43-01455 is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 1975, 51 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 October 2023, Alice Leala Price Charitable Trust 43-01455 reported income of $102k and spending of $175k, spending 172% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $178k to $102k (-43%), an average of -13% a year. The sharpest change came in the year to October 2020, when income dropped by 52%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alice Leala Price Charitable Trust 43-01455 sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include New Life Ministries Inc ($102k), Obion County Senior Citizens Association Inc ($102k) and Friends of Chamber Music of Miami Inc ($102k).

Compensation of current officers, directors and key employees was $27k (16% of expenses). At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.