Overview of 501(c)(8)s

9.20.2018
Deondre' Jones

More from this project:

Organizations by IRS Subsection

501(c)(8) - Fraternal Beneficiary Societies and Associations

  1. library(tidyverse)
  2. library(knitr)
  3. library(stringr)
  4. library(scales)
  5. library(httr)
  6. source('https://raw.githubusercontent.com/UrbanInstitute/urban_R_theme/master/urban_theme_windows.R')
  7.  
  8.  
  9. #Import IRS BMF
  10. bmffile <- read.csv(file = "Data/bm1608.csv")
  11. #Filter out of scope organizations 
  12. bmffile <- bmffile %>%
  13.   filter((OUTNCCS != "OUT")) %>%
  14.   filter((FNDNCD != "02" & FNDNCD!= "03" & FNDNCD != "04")) %>%
  15.   filter((SUBSECCD == "8"))
  16.  
  17.  
  18. #Sort the bmf in descending order by gross receipts
  19. #Limit the list to 10
  20. #Select the appropriate columns, drop the rest
  21. LargestGrossReceipts <- bmffile %>%
  22.   arrange(desc(INCOME)) %>%
  23.   slice(1:10) %>%
  24.   select(NAME, INCOME, ASSETS)
  25.  
  26. #Rename columns appropriately
  27. colnames(LargestGrossReceipts) <- c("Organization", "Gross Receipts", "Total Assets")
  28.  
  29. LargestAssets <- bmffile %>%
  30.   arrange(desc(ASSETS)) %>%
  31.   slice(1:10) %>%
  32.   select(NAME, INCOME, ASSETS)
  33.  
  34. #Rename columns appropriately
  35. colnames(LargestAssets) <- c("Organization", "Gross Receipts", "Total Assets")
  36.  
  37. #Generate random sample
  38. set.seed(143)
  39. random20 <- bmffile %>% 
  40.   filter(bmffile$INCOME != 0 | bmffile$ASSETS != 0) 
  41. random20 <-sample_n(random20, 20, replace = FALSE) %>%
  42.   select(NAME, INCOME, ASSETS)
  43.  
  44. colnames(random20) <- c("Organization", "Gross Receipts", "Total Assets")

Number of organizations reporting assets or income = 8,577. Total Gross Receipts = $36,346,021,348. Total Assets = $124,356,002,505.

Largest 501(c)(8)s by Gross Receipts

  1. #display tables
  2. kable(LargestGrossReceipts, format.args = list(decimal.mark = '.', big.mark = ","), caption = "Largest Organizations (By Gross Receipts)")
Organization Gross Receipts Total Assets
THRIVENT FINANCIAL FOR LUTHERANS 25,666,577,042 76,993,332,592
WOODMEN OF THE WORLD LIFE INSURANCE SOCIETY 2,388,990,914 10,439,989,588
MODERN WOODMEN OF AMERICA 1,745,011,054 14,131,105,297
GBU FINANCIAL LIFE 307,527,472 1,630,593,394
CATHOLIC FINANCIAL LIFE 295,014,579 1,350,071,147
GLEANER LIFE INSURANCE SOCIETY 267,440,158 1,363,466,920
GREEK CATHOLIC UNION OF THE USA 238,189,531 1,196,636,848
CATHOLIC LIFE INSURANCE 214,449,240 1,064,943,224
ROYAL NEIGHBORS OF AMERICA 190,135,428 904,386,926
EVERENCE ASSOCIATION INC 151,696,337 410,152,546

Largest 501(c)(8)s by Total Assets

  1. #display tables
  2. kable(LargestAssets, format.args = list(decimal.mark = '.', big.mark = ","), caption ="Largest Organizations (By Total Assets)")
Organization Gross Receipts Total Assets
THRIVENT FINANCIAL FOR LUTHERANS 25,666,577,042 76,993,332,592
MODERN WOODMEN OF AMERICA 1,745,011,054 14,131,105,297
WOODMEN OF THE WORLD LIFE INSURANCE SOCIETY 2,388,990,914 10,439,989,588
GBU FINANCIAL LIFE 307,527,472 1,630,593,394
GLEANER LIFE INSURANCE SOCIETY 267,440,158 1,363,466,920
CATHOLIC FINANCIAL LIFE 295,014,579 1,350,071,147
GREEK CATHOLIC UNION OF THE USA 238,189,531 1,196,636,848
CATHOLIC LIFE INSURANCE 214,449,240 1,064,943,224
CATHOLIC ORDER OF FORESTERS 121,908,512 1,050,227,124
ROYAL NEIGHBORS OF AMERICA 190,135,428 904,386,926

Random Sample of 501(c)(8)s

  1. #display tables
  2. kable(random20, format.args = list(decimal.mark = '.', big.mark = ","), caption = "Random Sample" )
Organization Gross Receipts Total Assets
8091 BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA 379,345 1,597,964
68 CONCORD LODGE NO 1374 LOYAL ORDER OF MOOSE 268,009 34,607
6355 FRATERNAL ORDER OF POLICE 211,205 19,042
3573 FRATERNAL ORDER OF EAGLES 514,734 402,336
654 LEROY LODGE NO 1132 LOYAL ORDER OF MOOSE 227,054 502,658
8155 BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA 575,534 360,869
5176 BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA 149,791 386,559
5030 FRATERNAL ORDER OF EAGLES 1,499,919 291,203
5073 BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA 124,047 123,083
3394 KNIGHTS OF COLUMBUS 6,379 2,116
3701 KNIGHTS OF COLUMBUS 79,498 30,020
1629 LADIES ORIENTAL SHRINE OF NORTH AMERICA INC 23,290 33,299
8189 BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA 559,009 165,060
2599 KNIGHTS OF COLUMBUS 185,201 167,745
7465 FRATERNAL ORDER OF POLICE 126,202 48,813
7726 BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA 313,447 918,534
2850 FRATERNAL ORDER OF EAGLES 84,873 10,628
2404 PENNSYLVANIA SONS AND DAUGHTERS OF ITALY 181,783 347,142
5767 INDEPENDENT ORDER OF ODD FELLOWS 84,522 2,232,363
1939 FRATERNAL ORDER OF POLICE 87,960 1,173,706

Source: NCCS IRS Business Master File August 2016