Strack and Van Til Charity Foundation Inc

Analysis

Strack and Van Til Charity Foundation Inc is a registered charity in United States, based in Highland, IN. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Strack and Van Til Charity Foundation Inc reported income of $184k and spending of $199k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $580k to $184k (-68%), an average of -68% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Strack and Van Til Charity Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include United Way Foundation of the Capital Region ($184k), Isadora Duncan Foundation for Contemporary Dance Inc ($184k) and Allentown Association Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.