Shook Charitable Trust

Analysis

Shook Charitable Trust is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shook Charitable Trust reported income of $157k and spending of $350k, spending 223% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $321k to $157k (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shook Charitable Trust sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Kiddie Korner Preschool & Daycare ($157k), Doing Good Together ($157k) and Society of St Vincent de Paul Holy Spirit Conference ($157k).

Compensation of current officers, directors and key employees was $47k (14% of expenses). At year end it held assets of $7.2m against liabilities of $0, net assets of $7.2m.