Elmwood Cemetery of Memphis Foundation Inc

Analysis

Elmwood Cemetery of Memphis Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Elmwood Cemetery of Memphis Foundation Inc reported income of $65k and spending of $118, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $65k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elmwood Cemetery of Memphis Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within TN. Charities of a similar size with the same main cause include Mt Carmel Batavia Baptist Church ($65k), Father Clement H Kern Foundation ($65k) and St Vincents Hospital Auxiliary ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.