Shepherdstown Community Club Inc

Analysis

Shepherdstown Community Club Inc is a registered charity in United States, based in Shepherdstown, WV. It received its IRS tax-exemption ruling in January 1969, 57 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shepherdstown Community Club Inc reported income of $73k and spending of $60k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $83k to $73k (-12%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shepherdstown Community Club Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within WV. Charities of a similar size with the same main cause include The Greater Hunts Point Economic Development Corporation ($73k), South Kitsap Rotary Foundation ($73k) and Incspire Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $553k against liabilities of $500, net assets of $552k.