Florence Huss Memorial Fund for Bell Tower Residents

Analysis

Florence Huss Memorial Fund for Bell Tower Residents is a registered charity in United States, based in Merrill, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florence Huss Memorial Fund for Bell Tower Residents reported income of $79k and spending of $119k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $79k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income rose by 1227%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florence Huss Memorial Fund for Bell Tower Residents sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Manic Depressive Illness Foundation ($79k), World Harvest Ministries Inc ($79k) and Mid America Dance Company ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $2.7m against liabilities of $110k, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.