Hundred Club of Wichita Falls

Analysis

Hundred Club of Wichita Falls is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in March 1973, 53 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 December 2023, Hundred Club of Wichita Falls reported income of $171k and spending of $182k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $204k to $171k (-17%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hundred Club of Wichita Falls 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 54th percentile within TX. Charities of a similar size with the same main cause include Gladiator Project ($171k), Hampshire County Helping Hands Society Inc ($171k) and Mahatma Gandhi Community Center ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $301k against liabilities of $0, net assets of $301k.