Deforest Half Century Club Inc

Analysis

Deforest Half Century Club Inc is a registered charity in United States, based in Deforest, WI. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Deforest Half Century Club Inc reported income of $102k and spending of $82k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $102k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Deforest Half Century 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 38th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Because People Matter ($102k), Desert Manna Food Pantry Inc ($102k) and McCalls Apartments Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.8m against liabilities of $1,670, net assets of $1.8m.