Gordon Lee Charitable Trust 189-8804337

Analysis

Gordon Lee Charitable Trust 189-8804337 is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gordon Lee Charitable Trust 189-8804337 reported income of $228k and spending of $257k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $234k to $228k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gordon Lee Charitable Trust 189-8804337 sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Bookclub Academy ($228k), Higley High School Parents U-Knight Booster Club ($228k) and North Carolina Central University Alumni Association ($228k).

Compensation of current officers, directors and key employees was $48k (19% of expenses). At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.