Cocoa Beach Elks Lodge 2387

Analysis

Cocoa Beach Elks Lodge 2387 is a registered charity in United States, based in Cocoa Beach, FL. It received its IRS tax-exemption ruling in August 2007, 19 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, Cocoa Beach Elks Lodge 2387 reported income of $60k and spending of $67k, spending 112% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $70k to $60k (-15%), an average of -15% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Cocoa Beach Elks Lodge 2387 sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Nathalie & Theodore Jones Char TR Fbo New Eng Broadcasters Assoc Awd ($60k), Aquia Lions Charity Inc ($60k) and National Christian Charitable Foundation Inc ($60k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 26% of the total. At year end it held assets of $55k against liabilities of $17k, net assets of $38k.