Elizabeth Briscoe Charitable Reminder Annuity Trust for the

Analysis

Elizabeth Briscoe Charitable Reminder Annuity Trust for the is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in September 1994, 32 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 December 2023, Elizabeth Briscoe Charitable Reminder Annuity Trust for the reported income of $146k and spending of $79k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $146k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elizabeth Briscoe Charitable Reminder Annuity Trust for the sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include University of Delaware Alumni Association Inc ($146k), New York Feminist Art Institute Inc ($146k) and Middleton High School Band Parents Association ($146k).

Compensation of current officers, directors and key employees was $20k (25% of expenses). At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.