Charles R Bishop Trust

Analysis

Charles R Bishop Trust is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1973, 53 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2023, Charles R Bishop Trust reported income of $464k and spending of $594k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $464k (-69%), an average of -25% a year. The sharpest change came in the year to June 2021, when income dropped by 57%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charles R Bishop Trust sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within HI. Charities of a similar size with the same main cause include LA Child Care Reimbursement Program Inc ($464k), Omega Graduate School Inc ($464k) and Girls Incorporated of Kingsport ($464k).

At year end it held assets of $14.7m against liabilities of $12k, net assets of $14.7m.