Cyclone Touchdown Club

Analysis

Cyclone Touchdown Club is a registered charity in United States, based in Watauga, TN. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cyclone Touchdown Club reported income of $83k and spending of $87k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $83k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cyclone Touchdown Club sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Supporters of Summit Inc ($83k), Carson City Schools Foundation ($83k) and Cedar Grove-Belgium Education Foundation Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.