United Supreme Council Charitable Foundation Inc

Analysis

United Supreme Council Charitable Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 2023, 3 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 June 2024, United Supreme Council Charitable Foundation Inc reported income of $95k and spending of $143k, spending 151% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $498k to $95k (-81%), an average of -81% a year. The sharpest change came in the year to June 2024, when income dropped by 81%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Supreme Council Charitable Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include Educational Enrichment Foundation for the Arts ($95k), Vada Charitable Foundation Inc ($95k) and Spells Writing Lab Inc ($95k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.