Gratitude Club Inc

Analysis

Gratitude Club Inc is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in May 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gratitude Club Inc reported income of $86k and spending of $83k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $86k (-10%), an average of -10% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gratitude Club Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include West Omaha Baseball Foundation ($86k), Houston Early Music ($86k) and Friends of the Meriden Public Library Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 14% of the total. At year end it held assets of $193k against liabilities of $647, net assets of $193k.