Fleming Church Loan Trust

Analysis

Fleming Church Loan Trust is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 1958, 68 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, Fleming Church Loan Trust reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+9.6%), an average of +2.3% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fleming Church Loan Trust sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Community Foundation of the Brazos Valley ($1.9m), Colorado Open Golf Foundation ($1.9m) and Canary Fund ($1.9m).

At year end it held assets of $30.5m against liabilities of $0, net assets of $30.5m.