Tennessee Elks Benevolent Trust Inc

Analysis

Tennessee Elks Benevolent Trust Inc is a registered charity in United States, based in Fayetteville, TN. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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, Tennessee Elks Benevolent Trust Inc reported income of $122k and spending of $81k, leaving 34% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $67k to $122k (+82%), an average of +16% a year. The sharpest change came in the year to March 2021, when income rose by 112%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tennessee Elks Benevolent Trust Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Old Town Clovis Kiwanis Foundation ($122k), Palmetto Richland Memorial Hospital Auxiliary ($122k) and PTA New York Congress ($122k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.