Lucy S Elliott Loan Fund

Analysis

Lucy S Elliott Loan Fund is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Lucy S Elliott Loan Fund reported income of $291k and spending of $126k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $98k to $291k (+198%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lucy S Elliott Loan Fund sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include Harrison Chamber Foundation Inc ($291k), Calvary Cemetery Association ($291k) and Code Black Indy Inc ($291k).

Other salaries and wages came to $10k. At year end it held assets of $2.9m against liabilities of $95k, net assets of $2.8m. It reported 1 employees.