40 & 8 Charles W Ardery Memorial Child Welfare Trust Fund

Analysis

40 & 8 Charles W Ardery Memorial Child Welfare Trust Fund is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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 July 2023, 40 & 8 Charles W Ardery Memorial Child Welfare Trust Fund reported income of $455k and spending of $52k, leaving 89% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $112k to $455k (+307%), an average of +42% a year. The sharpest change came in the year to July 2023, when income rose by 140%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 40 & 8 Charles W Ardery Memorial Child Welfare Trust Fund sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Food Pantry Lax ($455k), Friday Morning Music Club Inc ($455k) and Steele City Aquatics ($455k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.9% of the total. Compensation of current officers, directors and key employees was $20k (39% of expenses). At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.