Teamsters Joint Council No 25 Charitable Fund

Analysis

Teamsters Joint Council No 25 Charitable Fund is a registered charity in United States, based in Willow SPGS, IL. It received its IRS tax-exemption ruling in March 2020, 6 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Teamsters Joint Council No 25 Charitable Fund reported income of $120k and spending of $81k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $120k to $120k (-0.5%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Teamsters Joint Council No 25 Charitable Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Nita Curtis Foundation of Edmore ($120k), John and Lillian Miles Lewis Foundation Inc ($120k) and Rotary Club of Hilton Head Island Charitable Foundation ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.