Sykeston Community Club

Analysis

Sykeston Community Club is a registered charity in United States, based in Sykeston, ND. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Sykeston Community Club reported income of $77k and spending of $33k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $77k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sykeston Community Club sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 21st percentile within ND. Charities of a similar size with the same main cause include Greater Wyoming Community Resource Alliance ($77k), Wis Teq Neemit ($77k) and Hiawatha Chamber & Visitors Bureau ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.