Varsity W Club Inc
Analysis
Varsity W Club Inc is a registered charity in United States, based in Whitehall, PA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Varsity W Club Inc reported income of $337k and spending of $332k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $160k to $337k (+110%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Varsity W Club Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Empower and Excel ($337k), Austin Christian Vacational Academy Inc ($338k) and Duluth Library Foundation ($337k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 62%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Empower and Excel | San Jose | $337k |
| Austin Christian Vacational Academy Inc | Jacksonville | $338k |
| Duluth Library Foundation | Duluth | $337k |
| St Louis Modern Chinese School | Richmond HTS | $338k |