Hundred Club of Genesee Shiawassee & Lapeer Counties Inc

Analysis

Hundred Club of Genesee Shiawassee & Lapeer Counties Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Hundred Club of Genesee Shiawassee & Lapeer Counties Inc reported income of $123k and spending of $119k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $141k to $123k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hundred Club of Genesee Shiawassee & Lapeer Counties Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Colts Neck First Aid Squad ($123k), West Ghent Vol Fire Co Inc ($123k) and Denbo-Vesta Six Volunteer Fire Company Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $15k (13% of expenses). At year end it held assets of $1.1m against liabilities of $84k, net assets of $1.0m.