Triangle Sportsmens Club Incorporated

Analysis

Triangle Sportsmens Club Incorporated is a registered charity in United States, based in Bluefield, VA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Triangle Sportsmens Club Incorporated reported income of $70k and spending of $77k, spending 110% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income fell from $202k to $70k (-65%), an average of -65% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Triangle Sportsmens Club Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Here Comes Joy Inc ($70k), Hawaii Seed ($70k) and Healthy Ventures Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 17% of the total. At year end it held assets of $424k against liabilities of $44k, net assets of $381k.