Charitable Trust in Memory of the Descendents of Lema and Berel

Analysis

Charitable Trust in Memory of the Descendents of Lema and Berel is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 2023, Charitable Trust in Memory of the Descendents of Lema and Berel reported income of $139k and spending of $237k, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $141k to $139k (-1.4%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charitable Trust in Memory of the Descendents of Lema and Berel sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 40th percentile within DE. Charities of a similar size with the same main cause include Rancho Cucamonga Community & Arts Foundation ($139k), Applied Computational Electromagnetics Society ($139k) and Corporal Daegan Page Foundation ($139k).

At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m.