E Club of Everett Inc

Analysis

E Club of Everett Inc is a registered charity in United States, based in Everett, MA. It received its IRS tax-exemption ruling in October 1976, 50 years ago. 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, E Club of Everett Inc reported income of $67k and spending of $45k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $67k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, E Club of Everett Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 35th percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($67k), PTA Kentucky Congress ($67k) and D I Emerick Trust ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 36% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.