Isaac Laub Memorial Milk Fund

Analysis

Isaac Laub Memorial Milk Fund is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Isaac Laub Memorial Milk Fund reported income of $62k and spending of $7,258, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $24k to $62k (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isaac Laub Memorial Milk Fund sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Shine Learning Services ($62k), Mt Pleasant Viking Country Football Association Inc ($62k) and Swiss Benevolent Society ($62k).

Compensation of current officers, directors and key employees was $5,620 (77% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.