Castle Square Tenants Organization 2020 Charitable Trust

Analysis

Castle Square Tenants Organization 2020 Charitable Trust is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2021, 5 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 i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Castle Square Tenants Organization 2020 Charitable Trust reported income of $74k and spending of $74k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $53k to $74k (+38%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Castle Square Tenants Organization 2020 Charitable Trust sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Hollywood Impact Studios Rehabilitation and Vocational Corp ($74k), Orthoarizona Foundation ($74k) and Sarah Gayle Gibbs Memorial Foundation ($74k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.4m against liabilities of $19.4m, net assets of $100.