Royals Varsity Club Inc

Analysis

Royals Varsity Club Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in June 2010, 16 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 June 2024, Royals Varsity Club Inc reported income of $773k and spending of $690k, spending 89% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $342k to $773k (+126%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Royals Varsity Club Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include The Memorial Library of Nazareth and Vicinity ($773k), Local Union 400 Ibew-Joint Apprentice & Training Committee ($773k) and Epiphany School of Charlotte Inc ($773k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $419k against liabilities of $19k, net assets of $400k.