Robert and Louise Bossardt Trust

Analysis

Robert and Louise Bossardt Trust is a registered charity in United States, based in Mendon, VT. It received its IRS tax-exemption ruling in March 2018, 8 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 (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Robert and Louise Bossardt Trust reported income of $83k and spending of $92k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $83k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 176% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Robert and Louise Bossardt Trust sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 23rd percentile within VT. Charities of a similar size with the same main cause include Missions Education Fund Inc ($83k), Relief for Kids in Haiti ($83k) and Greater Pittsburgh Automobile Dealers Foundation ($83k).

Compensation of current officers, directors and key employees was $13k (14% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.