William Black Lodge

Analysis

William Black Lodge is a registered charity in United States, based in Montreat, NC. It received its IRS tax-exemption ruling in January 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, William Black Lodge reported income of $366k and spending of $347k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $347k to $366k (+5.6%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, William Black Lodge sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Starboard Charitable Inc ($366k), Crawford County Coalition on Housing Needs Inc ($366k) and Kings Partnership for Prevention ($366k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 16% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $58k (17% of expenses). Other salaries and wages came to $80k. At year end it held assets of $475k against liabilities of $86k, net assets of $389k. It reported 10 employees.