Thomas R Little Memorial Fund

Analysis

Thomas R Little Memorial Fund is a registered charity in United States, based in Newcomerstown, OH. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thomas R Little Memorial Fund reported income of $67k and spending of $62k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $75k to $67k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 217% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thomas R Little Memorial Fund 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 26th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Bedford Hills Elementary School Association Inc ($67k), Gaucho Creative ($67k) and Addison Elementary School Foundation Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.