The Scarab Club
Analysis
The Scarab Club is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in October 1937, 89 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, The Scarab Club reported income of $432k and spending of $457k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $403k to $432k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Scarab Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Hammonds House Galleries Inc ($432k), Asociacion Mayab ($432k) and Circle X Theatre Co ($432k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 56% of the total. Other salaries and wages came to $139k. At year end it held assets of $493k against liabilities of $59k, net assets of $435k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 36%
- Program services 56%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hammonds House Galleries Inc | Atlanta | $432k |
| Asociacion Mayab | San Francisco | $432k |
| Circle X Theatre Co | Los Angeles | $432k |
| Tuscaloosa Symphony Association Inc | Tuscaloosa | $432k |