Elf Louise Inc

Analysis

Elf Louise Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1981, 45 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 December 2023, Elf Louise Inc reported income of $277k and spending of $26k, leaving 91% of income unspent that year. Across the 6 years on record, from July 2019 to December 2023, income grew from $240k to $277k (+15%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elf Louise Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Jewish Community Center of Charleston SC 1645 Wallenberg Blvd ($277k), St John Gardens Inc ($277k) and Iglesia Cristiana LA Gran Comision Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.