Collectors Club Inc

Analysis

Collectors Club Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1950, 76 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, Collectors Club Inc reported income of $486k and spending of $808k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $486k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 2392%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collectors Club Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Christian Education Ministries ($486k), American Friends of the Institute of Economic Affairs ($486k) and Lending Hope to Students ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 14% of the total. Other salaries and wages came to $72k. At year end it held assets of $13.3m against liabilities of $5.4m, net assets of $7.9m. It reported 1 employees.