Wooster Elks Lodge No 1346 Charitable Fund

Analysis

Wooster Elks Lodge No 1346 Charitable Fund is a registered charity in United States, based in Wooster, OH. It received its IRS tax-exemption ruling in December 2018, 8 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Wooster Elks Lodge No 1346 Charitable Fund reported income of $112k and spending of $119k, spending 106% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income grew from $72k to $112k (+57%), an average of +57% a year. The sharpest change came in the year to March 2024, when income rose by 57%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wooster Elks Lodge No 1346 Charitable Fund sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Apa Committee ($112k), Masters Hands Inc NFP ($112k) and American Friends of Beit Midrash Harel ($112k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.