Millville Thunderbolt Club

Analysis

Millville Thunderbolt Club is a registered charity in United States, based in Millville, NJ. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Millville Thunderbolt Club reported income of $202k and spending of $132k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $153k to $202k (+32%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millville Thunderbolt Club sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Beverly a Lidonde Education Corporation ($202k), Way Christian Academy ($202k) and Muraoka Elementary School Parent Teacher Organization - PTO ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 0.8% of the total. At year end it held assets of $515k against liabilities of $0, net assets of $515k.