Marion J Carter Trust
Marion J Carter Trust maintains strong asset base with minimal expenses and no officer compensation.
EIN: 20264010 · Lebanon, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $32K |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 90/100 |
Is Marion J Carter Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marion J Carter Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marion J Carter Trust
Marion J Carter Trust (EIN: 20264010) is a nonprofit organization based in Lebanon, NH. The organization reported total revenue of $71K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marion J Carter Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marion J Carter Trust is a micro nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $32K |
| Surplus / Deficit | +$66K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 67.7% |
| Months of Reserves | 494.7 months |
Financial Health Grade: A
In 2023, Marion J Carter Trust reported a surplus of $66K with revenue exceeding expenses, holds 494.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Marion J Carter Trust's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.3% | -27.9% | +5.4% |
| 2022 | +3.2% | +16.7% | +0.7% |
| 2021 | -78.2% | -1.0% | +1.1% |
| 2020 | +392.8% | -7.4% | +19.4% |
| 2019 | +3.2% | +3.0% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marion J Carter Trust with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Marion J Carter Trust allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
Executive Compensation Analysis
The Marion J Carter Trust reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through an external entity, which significantly reduces administrative overhead for the trust itself.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Marion J Carter Trust:
- Strong and growing asset base, reaching $1,306,694 in 2023.
- Consistently low expenses relative to assets and revenue, indicating efficient operations (e.g., $31,697 expenses on $1,306,694 assets in 2023).
- No reported officer compensation across all filings, minimizing administrative costs.
- Zero liabilities reported in all available filings, indicating strong financial health.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Marion J Carter Trust
Is Marion J Carter Trust a legitimate charity?
Marion J Carter Trust (EIN: 20264010) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $71K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Marion J Carter Trust spend its money?
Marion J Carter Trust directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Marion J Carter Trust tax-deductible?
Marion J Carter Trust is registered as a tax-exempt nonprofit (EIN: 20264010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Marion J Carter Trust located?
Marion J Carter Trust is headquartered in Lebanon, New Hampshire and files with the IRS under EIN 20264010.
How many years of IRS 990 filings does Marion J Carter Trust have?
Marion J Carter Trust has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $71K in total revenue.
What is the primary charitable purpose of the Marion J Carter Trust?
As a trust, its primary purpose is likely grantmaking to other charitable organizations or individuals, though the specific beneficiaries are not detailed in the provided summary data.
How does the trust manage its investments to generate revenue?
The provided data shows fluctuating revenue, such as $235,495 in 2020 and $52,981 in 2022, suggesting reliance on investment income, but the specific investment strategies are not detailed in this summary.
Are there any significant changes in the trust's financial strategy over the past decade?
The trust has consistently maintained a strong asset base, low expenses, and no officer compensation over the past decade, indicating a stable and consistent financial strategy focused on asset preservation and efficient operation.
Filing History
IRS 990 filing history for Marion J Carter Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marion J Carter Trust's revenue has grown by 258.8%, moving from $27K to $98K. Total assets increased by 53.7% over the same period, from $850K to $1.3M. Total functional expenses fell by 13.8%, from $37K to $32K. In its most recent filing year (2023), Marion J Carter Trust reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $32K | $1.3M | $0 | — | View 990 |
| 2022 | $53K | $44K | $1.2M | $0 | — | View 990 |
| 2021 | $51K | $38K | $1.2M | $0 | — | — |
| 2020 | $235K | $38K | $1.2M | $0 | — | — |
| 2019 | $48K | $41K | $1.0M | $0 | — | View 990 |
| 2018 | $46K | $40K | $1.0M | $0 | — | View 990 |
| 2017 | $26K | $34K | $1.0M | $0 | — | View 990 |
| 2016 | $41K | $33K | $1.0M | $0 | — | View 990 |
| 2015 | $41K | $37K | $1.0M | $0 | — | View 990 |
| 2014 | $186K | $43K | $1.0M | $0 | — | View 990 |
| 2013 | $33K | $26K | $861K | $0 | — | View 990 |
| 2012 | $65K | $62K | $854K | $0 | — | View 990 |
| 2011 | $27K | $37K | $850K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $32K, and assets of $1.3M (revenue +85.3% year-over-year).
- 2022: Revenue of $53K, expenses of $44K, and assets of $1.2M (revenue +3.2% year-over-year).
- 2021: Revenue of $51K, expenses of $38K, and assets of $1.2M (revenue -78.2% year-over-year).
- 2020: Revenue of $235K, expenses of $38K, and assets of $1.2M (revenue +392.8% year-over-year).
- 2019: Revenue of $48K, expenses of $41K, and assets of $1.0M (revenue +3.2% year-over-year).
- 2018: Revenue of $46K, expenses of $40K, and assets of $1.0M (revenue +81.5% year-over-year).
- 2017: Revenue of $26K, expenses of $34K, and assets of $1.0M (revenue -37.4% year-over-year).
- 2016: Revenue of $41K, expenses of $33K, and assets of $1.0M (revenue -1.3% year-over-year).
- 2015: Revenue of $41K, expenses of $37K, and assets of $1.0M (revenue -77.8% year-over-year).
- 2014: Revenue of $186K, expenses of $43K, and assets of $1.0M (revenue +458.9% year-over-year).
- 2013: Revenue of $33K, expenses of $26K, and assets of $861K (revenue -49.1% year-over-year).
- 2012: Revenue of $65K, expenses of $62K, and assets of $854K (revenue +139.2% year-over-year).
- 2011: Revenue of $27K, expenses of $37K, and assets of $850K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marion J Carter Trust:
Data Sources and Methodology
This transparency report for Marion J Carter Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.