Harold N & Thelma Lenker Charitable Income Trust

Analysis

Harold N & Thelma Lenker Charitable Income Trust is a registered charity in United States, based in Pottsville, PA. It received its IRS tax-exemption ruling in July 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Harold N & Thelma Lenker Charitable Income Trust reported income of $160k and spending of $247k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $288k to $160k (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Harold N & Thelma Lenker Charitable Income Trust sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Helping Others Together Community Foundation ($160k), Jack Brooks Foundation ($160k) and Peekskill Rotary Club Foundation Inc ($160k).

Compensation of current officers, directors and key employees was $37k (15% of expenses). At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.