Floyd Knobs Community Club Inc

Analysis

Floyd Knobs Community Club Inc is a registered charity in United States, based in Floyds Knobs, IN. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Floyd Knobs Community Club Inc reported income of $124k and spending of $101k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $124k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Floyd Knobs Community Club Inc 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 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include North Reading Skating Association Inc ($124k), Nebraska Supreme ($124k) and United States Bowling Congress Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.