Lorenze Fam Charitable TR

Analysis

Lorenze Fam Charitable TR is a registered charity in United States, based in Nashville, IN. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lorenze Fam Charitable TR reported income of $69k and spending of $75k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $69k (+22%), an average of +5.1% a year. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lorenze Fam Charitable TR sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Verendrye Electric Trust Inc ($69k), St Augustine & St Johns County Board of Realtors Foundation ($69k) and Carlisle Rotary Club Foundation ($69k).

At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.