Rye Garden Club

Analysis

Rye Garden Club is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in October 1980, 46 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 May 2024, Rye Garden Club reported income of $140k and spending of $88k, leaving 37% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $56k to $140k (+150%), an average of +150% a year. The sharpest change came in the year to May 2024, when income rose by 150%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rye Garden Club sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($140k), Newman Foundation of the State University of New York at Binghamt ($140k) and North Carolina Automobile Dealers Association Charitable Foundation ($140k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 4.6% and program service revenue 74% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.