Helen May Larson Charitable Trust

Analysis

Helen May Larson Charitable Trust is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 1996, 30 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 February 2024, Helen May Larson Charitable Trust reported income of $318k and spending of $191k, leaving 40% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income fell from $442k to $318k (-28%), an average of -7.9% a year. The sharpest change came in the year to February 2024, when income rose by 360%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helen May Larson Charitable Trust sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Wrexham Foundation Inc ($318k), 43north Foundation Inc ($318k) and South Windsor Youth Hockey Association ($318k).

Compensation of current officers, directors and key employees was $33k (17% of expenses). At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.