Thursday Club Inc

Analysis

Thursday Club Inc is a registered charity in United States, based in Irvington, NY. It received its IRS tax-exemption ruling in April 1953, 73 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 September 2024, Thursday Club Inc reported income of $202k and spending of $197k, spending 98% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $161k to $202k (+25%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thursday Club Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Danville Speech & Hearing Center ($202k), Hunt Military Communities Foundation ($202k) and Parent Booster USA Inc ($202k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.