Sands Point Club Fund Inc

Analysis

Sands Point Club Fund Inc is a registered charity in United States, based in Sands Point, NY. It received its IRS tax-exemption ruling in June 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Sands Point Club Fund Inc reported income of $94k and spending of $73k, leaving 22% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $69k to $94k (+37%), an average of +37% a year. The sharpest change came in the year to January 2024, when income rose by 37%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sands Point Club Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Restoration Rock ($94k), West Depere Booster Club Inc ($94k) and Wilmot Elementary School P T O ($94k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.