N C Charitable Trust Inc
- Assets
- $930.1k
- Revenue
- $46.0k
- Investments
- $801.7k
- Employees
- 0
- Location
- Wappingers Falls, NY
- Founding
- 09/1995
- Data as of
- 12/2022
- EIN
- 14-1763869
Organization Overview
N C Charitable Trust Inc is located in Wappingers Falls, NY. The organization was established in 1995. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. N C Charitable Trust Inc 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, N C Charitable Trust Inc generated $46.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.7k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shummi Jindal President | 0.1 | $0 | |
Ramesh Jindal Secretary | 0.1 | $0 | |
Pawan Jindal Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,974 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $5,681 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $45,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $124 |
| Total operating and administrative expenses | $124 |
| Contributions, gifts, grants paid | $1,612 |
| Total expenses and disbursements | $1,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $731 |
| Savings and temporary cash investments | $125,042 |
| 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 | $2,532 |
| Total assets | $930,051 |
| 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 |
Grants Awarded
Over the last fiscal year, N C Charitable Trust Inc has awarded $1,612 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TUNNEL TO TOWERS FOUNDATION PURPOSE: CHARITY | $585 |
THE CHARLIE LANDERS FOUNDATION PURPOSE: CHARITY | $1,027 |