Grover C Shoemaker Memorial Fund

Analysis

Grover C Shoemaker Memorial Fund is a registered charity in United States, based in Bloomsburg, PA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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, Grover C Shoemaker Memorial Fund reported income of $158k and spending of $144k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $158k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grover C Shoemaker Memorial Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Indiana Fiscal Policy Institute Inc ($158k), The Tire Society Incorporated ($158k) and Walker River Basin Communities Foundation ($158k).

Compensation of current officers, directors and key employees was $25k (18% of expenses). At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.