Mary Lee Tucker Fund Inc

Analysis

Mary Lee Tucker Fund Inc is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in July 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Mary Lee Tucker Fund Inc reported income of $82k and spending of $114k, spending 138% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $193k to $82k (-57%), an average of -19% a year. The sharpest change came in the year to July 2020, when income dropped by 33%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mary Lee Tucker Fund Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Crossing Over Ministries Outreach ($82k), Dr Y S Rajasekhara Reddy Foundation Inc ($82k) and Friends of the Ludlow Senior Center Inc ($82k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $153k against liabilities of $0, net assets of $153k.