R I State Elks Association Charities Inc

Analysis

R I State Elks Association Charities Inc is a registered charity in United States, based in Bristol, RI. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, R I State Elks Association Charities Inc reported income of $121k and spending of $91k, leaving 25% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $125k to $121k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to May 2021, when income dropped by 31%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, R I State Elks Association Charities Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within RI. Charities of a similar size with the same main cause include Sunshine Health Foundation ($121k), Laboratory Science Institute ($121k) and Northern New England Chapter American Planning Association ($121k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.