Jack Trottier Foundation Inc

Analysis

Jack Trottier Foundation Inc is a registered charity in United States, based in Tyngsboro, MA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jack Trottier Foundation Inc reported income of $466k and spending of $151k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $466k (+554%), an average of +554% a year. The sharpest change came in the year to December 2023, when income rose by 554%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jack Trottier Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Learning Ladders Incorporated ($466k), Farm Ministries Inc ($466k) and Southeast Community Development Corporation ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $38k (25% of expenses). At year end it held assets of $376k against liabilities of $2,584, net assets of $374k. It reported 1 employees.