Friends Of@salisbury Elks Lodge 817 Inc

Analysis

Friends Of@salisbury Elks Lodge 817 Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Friends Of@salisbury Elks Lodge 817 Inc reported income of $50k and spending of $51k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $50k (-20%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends Of@salisbury Elks Lodge 817 Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include Global Family for Love and Peace Incorporated ($50k), The Schuyler Public Library Foundation ($50k) and Boyle County Band Association Inc ($50k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.