Towson Elks 469 Charity Fund Inc

Analysis

Towson Elks 469 Charity Fund Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 March 2024, Towson Elks 469 Charity Fund Inc reported income of $114k and spending of $86k, leaving 24% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $113k to $114k (+0.1%), an average of +0.1% a year. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Towson Elks 469 Charity Fund 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 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Falcon Flying Club LLC ($114k), Fayette Main St Inc ($114k) and Friendship Circle Association Inc ($113k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.