Southmoore Gold Club Inc

Analysis

Southmoore Gold Club Inc is a registered charity in United States, based in Moore, OK. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Southmoore Gold Club Inc reported income of $167k and spending of $167k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $92k to $167k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southmoore Gold Club Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Friends of the Library-Ponte Vedra Beach Inc ($167k), Accorda Music-Thanatology Institute ($167k) and Triumph Teen Life Center ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.