Thursday Club Foundation

Analysis

Thursday Club Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Thursday Club Foundation reported income of $243k and spending of $237k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $197k to $243k (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Thursday Club Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Na Lima Kahiau ($243k), Coromoto 2020 ($243k) and United Way of Central Kansas Inc ($243k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $495k against liabilities of $0, net assets of $495k.