Virginia Henry Charitable Trust 0403231952

Analysis

Virginia Henry Charitable Trust 0403231952 is a registered charity in United States, based in Po Box Chicago, IL. It received its IRS tax-exemption ruling in October 1998, 28 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, Virginia Henry Charitable Trust 0403231952 reported income of $408k and spending of $1.6m, spending 402% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.3m to $408k (-69%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 278%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Henry Charitable Trust 0403231952 sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include National Church Residences of St Louis I Mo Inc ($408k), Heart to Heart Pregnancy Center ($408k) and Grove City High School Band Boosters ($408k).

Compensation of current officers, directors and key employees was $171k (10% of expenses). At year end it held assets of $25.5m against liabilities of $0, net assets of $25.5m.