Ben D Spagolio Charitable Tr is located in Pottsville, PA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ben D Spagolio Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ben D Spagolio Charitable Tr generated $30.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $19.6k during the year ending 12/2022. While expenses have increased by 4.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,500 |
| Interest on Savings | $121 |
| Dividends & Interest | $6,889 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,858 |
| Capital Gain Net Income | $15,858 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,368 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $705 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $180 |
| Total operating and administrative expenses | $2,865 |
| Contributions, gifts, grants paid | $16,716 |
| Total expenses and disbursements | $19,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,056 |
| Savings and temporary cash investments | $7,043 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $337,327 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Ben D Spagolio Charitable Tr has awarded $16,716 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AVENUES PURPOSE: FOR ASSISTANCE TO THE DISABLED | $1,800 |
CAPT JASON B JONES MEMORIAL FOUND PURPOSE: PUBLIC CHARITY | $250 |
FUN TIME EARLY CHILDHOOD ACADEMY PURPOSE: FOR ASSISTANCE WITH EDUCATION | $500 |
HILLSIDE SPCA PURPOSE: FOR ASSISTANCE TO ANIMALS | $2,875 |
JUVENILE DIABETES RESEARCH FOUND PURPOSE: FOR ASSISTANCE WITH DIABETES RESEARC | $150 |
MAKE-A-WISH FOUNDATION PURPOSE: PUBLIC CHARITY | $1,820 |