Dover Tornado Club

Analysis

Dover Tornado Club is a registered charity in United States, based in Dover, OH. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Dover Tornado Club reported income of $194k and spending of $186k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $263k to $194k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dover Tornado Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Cotati-Rohnert Park Co-Op Nursery School ($194k), Wallkill River School Inc ($194k) and Doyce H Deas Foundation ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $563k against liabilities of $0, net assets of $563k.