Golden Slipper Club Charities

Analysis

Golden Slipper Club Charities is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Golden Slipper Club Charities reported income of $276k and spending of $322k, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $596k to $276k (-54%), an average of -18% a year. The sharpest change came in the year to September 2021, when income dropped by 24%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Golden Slipper Club Charities sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Love in Motion Foundation Inc ($276k), Downtown Wytheville Incorporated ($276k) and Downtown Shenandoah Inc ($276k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $175k. At year end it held assets of $1.0m against liabilities of $227k, net assets of $814k. It reported 3 employees.