Elevator Constructors Local 5 Charitable Fund

Analysis

Elevator Constructors Local 5 Charitable Fund is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Elevator Constructors Local 5 Charitable Fund reported income of $400k and spending of $378k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $329k to $400k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elevator Constructors Local 5 Charitable Fund sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Lifeline Pregnancy Help Center Inc ($400k), Still Waters Equestrian Academy ($401k) and Citrus County Community Charitable Foundation Inc ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.