Club Foundation Inc

Analysis

Club Foundation Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Club Foundation Inc reported income of $160k and spending of $53k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $160k (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 234%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Club Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($160k), Tosa Cares Inc ($160k) and Hope for Orphans ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $698k against liabilities of $6,540, net assets of $691k.