Naval Officers Spouses Club of San

Analysis

Naval Officers Spouses Club of San is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2023, Naval Officers Spouses Club of San reported income of $71k and spending of $49k, leaving 31% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $64k to $71k (+11%), an average of +11% a year. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Naval Officers Spouses Club of San sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Funny River Community Association ($71k), Twic East Community Association-Usa ($71k) and Wonder Spelen ($71k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.