Elks National Veterans Service Commission

Analysis

Elks National Veterans Service Commission is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1998, 28 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 March 2024, Elks National Veterans Service Commission reported income of $168k and spending of $5.2m, spending 3094% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $2.5m to $168k (-93%), an average of -49% a year. The sharpest change came in the year to March 2024, when income dropped by 97%. Over the whole period it spent 130% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Elks National Veterans Service Commission sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Yanomami Foundation ($168k), Suvidha International Foundation ($168k) and Metamorphosis Community Project Inc ($167k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $574k against liabilities of $165k, net assets of $409k.