Csi Trust Company

Analysis

Csi Trust Company is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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, Csi Trust Company reported income of $998k and spending of $991k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $671k to $998k (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Csi Trust Company sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within HI. Charities of a similar size with the same main cause include Volunteers of America Inc ($998k), Florida TLC Child Care Inc ($998k) and G-R Daycare Inc ($997k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $120k (12% of expenses). Other salaries and wages came to $342k. At year end it held assets of $2.8m against liabilities of $171k, net assets of $2.6m. It reported 15 employees.