Clubs of America Inc

Analysis

Clubs of America Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Clubs of America Inc reported income of $154k and spending of $149k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $154k (+215%), an average of +215% a year. The sharpest change came in the year to December 2023, when income rose by 215%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clubs of America Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Auburn Suburban Baseball & Softball ($154k), Idaho Falls Baseball Inc ($154k) and Silicon Valley Triathlon Club ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 0.5% of the total. At year end it held assets of $9,126 against liabilities of $0, net assets of $9,126.