Ambler Olympic Club

Analysis

Ambler Olympic Club is a registered charity in United States, based in Harleysville, PA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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, Ambler Olympic Club reported income of $109k and spending of $97k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $109k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ambler Olympic Club sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include The Heritage of Odessa Foundation ($109k), Jones County Emergency Care Council Inc ($109k) and Proprioceptive Writing Center ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.