Tim Orth Memorial Foundation

Analysis

Tim Orth Memorial Foundation is a registered charity in United States, based in Lake Lillian, MN. It received its IRS tax-exemption ruling in March 1999, 27 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 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, Tim Orth Memorial Foundation reported income of $105k and spending of $113k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $105k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tim Orth Memorial Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Coca Leverage Lender Inc ($105k), Stephens County Hospital Foundation Inc ($105k) and 3r Ministries Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.