Aspen Elks Youth and Veterans Fund

Analysis

Aspen Elks Youth and Veterans Fund is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Aspen Elks Youth and Veterans Fund reported income of $53k and spending of $38k, leaving 28% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income fell from $102k to $53k (-48%), an average of -48% a year. The sharpest change came in the year to March 2024, when income dropped by 48%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aspen Elks Youth and Veterans Fund sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within CO. Charities of a similar size with the same main cause include Vic Geary Drop in Center ($53k), Cuddlybear Thrift Store Inc ($53k) and Our Ability Alliance Inc ($53k).

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 $117k against liabilities of $0, net assets of $117k.