Lewis-Tolkien Society for the Renewal of the Common Tradition

Analysis

Lewis-Tolkien Society for the Renewal of the Common Tradition is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Lewis-Tolkien Society for the Renewal of the Common Tradition reported income of $83k and spending of $80k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $83k (-12%), an average of -12% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lewis-Tolkien Society for the Renewal of the Common Tradition sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Preserve Academy Flight Crew ($83k), Alliance for Trail Vehicles of Maine ($83k) and Korean-American Senior Citizens League of Greater Atlanta Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 25% of the total. At year end it held assets of $37k against liabilities of $4,396, net assets of $33k.