Allen J Lynch Medal of Honor Veterans Foundation

Analysis

Allen J Lynch Medal of Honor Veterans Foundation is a registered charity in United States, based in Gurnee, IL. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Allen J Lynch Medal of Honor Veterans Foundation reported income of $74k and spending of $88k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $74k (-1.9%), an average of -1.9% a year. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Allen J Lynch Medal of Honor Veterans Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Califarm Fresh ($74k), Journeys End Ministries Inc ($74k) and Ellsworth County Council on Aging Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 141% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.