Schuler Initiative Supporting Charitable TR

Analysis

Schuler Initiative Supporting Charitable TR is a registered charity in United States, based in Lake Bluff, IL. It received its IRS tax-exemption ruling in November 2022, 4 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, Schuler Initiative Supporting Charitable TR reported income of $105k and spending of $105k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $42.6m to $105k (-100%), an average of -95% a year. The sharpest change came in the year to December 2023, when income rose by 1849%. Over the whole period it spent 0.2% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Schuler Initiative Supporting Charitable TR sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Heart for Uganda ($105k), Stardust Memories Big Band Inc ($105k) and FBT for a Brighter Tomorrow Charitable Fund Inc ($105k).

At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.