The 3000 Club

Analysis

The 3000 Club is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2010, 16 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 September 2023, The 3000 Club reported income of $47.8m and spending of $47.8m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.8m to $47.8m (+303%), an average of +42% a year. The sharpest change came in the year to September 2022, when income rose by 193%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The 3000 Club sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include YMCA of the Rockies ($47.7m), All My Children Day Care and Nursery School ($47.8m) and Foodshare Inc ($47.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (0.2% of expenses). Other salaries and wages came to $68k. At year end it held assets of $235k against liabilities of $193k, net assets of $42k. It reported 3 employees.