Mary Josephine Cox Trust Estate

Analysis

Mary Josephine Cox Trust Estate is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in April 1982, 44 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 August 2024, Mary Josephine Cox Trust Estate reported income of $62k and spending of $19k, leaving 70% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $14k to $62k (+344%), an average of +45% a year. The sharpest change came in the year to August 2021, when income rose by 3555%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mary Josephine Cox Trust Estate sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include PTA Texas Congress ($62k), Edison Housing Development Fund Corporation ($62k) and Virginia Congress of Parents and Teachers ($62k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.