North Carolina State Elks Association Charitable TR

Analysis

North Carolina State Elks Association Charitable TR is a registered charity in United States, based in Roxboro, NC. It received its IRS tax-exemption ruling in November 1994, 32 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 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 April 2024, North Carolina State Elks Association Charitable TR reported income of $296k and spending of $227k, leaving 23% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $417k to $296k (-29%), an average of -8.2% a year. The sharpest change came in the year to April 2021, when income rose by 44%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Carolina State Elks Association Charitable TR sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include June Jessee Memorial Foundation ($296k), Matbia Inc ($296k) and Quality of Life Foundation of Austin Inc ($296k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.