Eugene L Garcia Charitable Trust

Analysis

Eugene L Garcia Charitable Trust is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 2004, 22 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eugene L Garcia Charitable Trust reported income of $750k and spending of $503k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $750k (+104%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Eugene L Garcia Charitable Trust sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Trinity Oaks Enterprises ($749k), Chase Hawks Memorial Association Inc ($750k) and The Centurions ($749k).

Compensation of current officers, directors and key employees was $96k (19% of expenses). At year end it held assets of $9.4m against liabilities of $0, net assets of $9.4m.