Billy And Ila Hinton Charitable Tr
- Assets
- $117.5k
- Revenue
- $19.8k
- Investments
- $106.7k
- Employees
- 0
- Location
- Tupelo, MS
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 20-6838602
Organization Overview
Billy And Ila Hinton Charitable Tr is located in Tupelo, MS. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2021, Billy And Ila Hinton Charitable Tr generated $19.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $8.8k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 5 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,862 |
| Capital Gain Net Income | $14,862 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,808 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,341 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $58 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,399 |
| Contributions, gifts, grants paid | $6,423 |
| Total expenses and disbursements | $8,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,758 |
| 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 | $24 |
| Total assets | $117,478 |
| 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, Billy And Ila Hinton Charitable Tr has awarded $6,423 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Texarkana, TX PURPOSE: PROGRAM SUPPORT | $3,211 |
TEXAS A & M UNIVERSITY-TEXARKANA PURPOSE: PROGRAM SUPPORT | $1,606 |
Texarkana, TX PURPOSE: PROGRAM SUPPORT | $1,606 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Willis And Reba Johnsons Foundation Franklin, TN | $17,058,167 | $2,077,347 |
Joseph C Bancroft Charitable & Educational Fund Mccomb, MS | $195,688,163 | $4,336,128 |
Mssa Ila Vacation Plan And Trust Mobile, AL | $2,494,985 | $3,007,833 |
Wilbur Marvin Foundation Baton Rouge, LA | $117,329,503 | -$1,003,490 |
Ratliff Charitable Foundation Birmingham, AL | $0 | $1,321,337 |
Charles Henderson Tr No 3 Uw Troy, AL | $18,182,356 | $1,886,936 |
John Dustin Buckman Charitable Trust Memphis, TN | $21,180,469 | $1,024,757 |
Hugo Dixon Foundation Memphis, TN | $20,406,138 | $1,401,485 |
Om Charitable Tr Of Usa Lebanon, TN | $987,131 | $2,115,299 |
Alabama Business Charitable Trust Fund Inc Birmingham, AL | $38,052,210 | $3,513,534 |
Woolworth Foundation Shreveport, LA | $17,675,910 | $1,134,153 |
Chilton Foundation Tr Nashville, TN | $10,073,075 | $1,051,840 |