100 Club of Rhode Island Inc

Analysis

100 Club of Rhode Island Inc is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in October 1972, 54 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 April 2024, 100 Club of Rhode Island Inc reported income of $170k and spending of $188k, spending 111% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $179k to $170k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to April 2022, when income rose by 98%. Over the whole period it spent 85% 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 Rhode Island Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within RI. Charities of a similar size with the same main cause include US Veterans Post 104 Corp ($170k), New Vic Theatricals Inc ($170k) and Ding Sum Inc ($170k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $7,140. At year end it held assets of $1.4m against liabilities of $42k, net assets of $1.4m.