100 Club of Arizona

Analysis

100 Club of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1972, 54 years ago. 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, 100 Club of Arizona reported income of $8.6m and spending of $4.4m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $8.6m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 100 Club of Arizona sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Particular Council of St Vincent de Paul of Baton Rouge Lousiana ($8.6m), Total Healthcare ($8.6m) and Collegebound Foundation Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $221k (5.0% of expenses). Other salaries and wages came to $579k. At year end it held assets of $13.0m against liabilities of $1.1m, net assets of $11.9m. It reported 14 employees.