Schubert Club of Fairfield County Inc

Analysis

Schubert Club of Fairfield County Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in March 1924, 102 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 June 2024, Schubert Club of Fairfield County Inc reported income of $65k and spending of $39k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $36k to $65k (+79%), an average of +79% a year. The sharpest change came in the year to June 2024, when income rose by 79%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Schubert Club of Fairfield County Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within CT. Charities of a similar size with the same main cause include Association of Notre Dame Clubs Inc ($65k), PTA Texas Congress ($65k) and Auburn Alumni Engineering Council ($65k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 46% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.