Arnold E Menke Memorial Trust

Analysis

Arnold E Menke Memorial Trust is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 2011, 15 years ago. 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, Arnold E Menke Memorial Trust reported income of $70k and spending of $301k, spending 433% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $70k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 308%. Over the whole period it spent 164% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arnold E Menke Memorial Trust 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 27th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($70k), France-Atlanta Corp ($70k) and PTA California Congress of Parents Teachers & Students Inc ($70k).

Compensation of current officers, directors and key employees was $56k (19% of expenses). At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.