Signatry Charitable Trust

Analysis

Signatry Charitable Trust is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in April 2019, 7 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Signatry Charitable Trust reported income of $145.4m and spending of $29.1m, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.3m to $145.4m (+654%), an average of +66% a year. The sharpest change came in the year to December 2020, when income rose by 282%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Signatry Charitable Trust sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within SD. Charities of a similar size with the same main cause include The Bessemer Giving Fund ($145.4m), Community Foundation of New Jersey ($145.9m) and Community Foundation of Northwest Indiana Inc ($144.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $340.6m against liabilities of $23k, net assets of $340.6m.