Philbrook Charitable Corporation

Organization Overview

Philbrook Charitable Corporation is located in Island Falls, ME. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Philbrook Charitable Corporation 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 12/2023, Philbrook Charitable Corporation generated $15.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $23.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Vernon Philbrook
Trustee
$0
Roanne Philbrook
Trustee
$0
Joel Philbrook
Trustee
$0
Meredith Philbrook
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $31
Dividends & Interest $5,240
Net Rental Income$0
Net Gain on Sale of Assets $10,195
Capital Gain Net Income $2,561
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $15,466

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