Massachusetts Elks Charitable TR

Analysis

Massachusetts Elks Charitable TR is a registered charity in United States, based in Auburn, MA. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Massachusetts Elks Charitable TR reported income of $444k and spending of $343k, leaving 23% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $353k to $444k (+26%), an average of +5.9% a year. The sharpest change came in the year to May 2024, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Massachusetts Elks Charitable TR sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Little Sisters of Mary Immaculate of Gulu Lsmig ($444k), Porto Charities Inc ($445k) and Dallas Texas Bears Inc ($444k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $650k against liabilities of $2,100, net assets of $648k.