Mailbox Club Inc

Analysis

Mailbox Club Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in August 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, Mailbox Club Inc reported income of $7.6m and spending of $6.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $7.6m (+148%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mailbox Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include K-Life Ministries ($7.6m), Allen Community Outreach ($7.6m) and Ron Burton Training Village Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $149k (2.2% of expenses). Other salaries and wages came to $541k. At year end it held assets of $6.5m against liabilities of $39k, net assets of $6.5m. It reported 26 employees.