Illinois Elks Association Charitable Trust

Analysis

Illinois Elks Association Charitable Trust is a registered charity in United States, based in Fairfield, IL. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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 April 2024, Illinois Elks Association Charitable Trust reported income of $611k and spending of $381k, leaving 38% of income unspent that year. Across the 6 years on record, from April 2019 to April 2024, income grew from $365k to $611k (+67%), an average of +11% a year. The sharpest change came in the year to April 2024, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Elks Association Charitable Trust sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Dalton-Whitfield County Hospital Authority Liability Claims Trust ($611k), Denver Brass Inc ($612k) and Summerville Home Educators Enriching Partners ($611k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $9,020, net assets of $1.1m.