HT Lockard Foundation of the Ben F Jones Chapter

Analysis

HT Lockard Foundation of the Ben F Jones Chapter is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, HT Lockard Foundation of the Ben F Jones Chapter reported income of $87k and spending of $112k, spending 128% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $134k to $87k (-35%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, HT Lockard Foundation of the Ben F Jones Chapter sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Union Cheer Booster Club Inc ($87k), Oak Grove Longleaf Elementary PTO ($87k) and D R I V E One ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.