Tidewater Fencing Club LLC

Analysis

Tidewater Fencing Club LLC is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in September 2015, 11 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 July 2024, Tidewater Fencing Club LLC reported income of $68k and spending of $71k, spending 105% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $75k to $68k (-9.5%), an average of -9.5% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tidewater Fencing Club LLC sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Moorestown Youth Football Association ($68k), Recycle Bicycle Harrisburg Inc ($68k) and Minden Community Club of Minden Iowa ($68k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 0.1% and program service revenue 48% of the total. At year end it held assets of $33k against liabilities of $6,293, net assets of $26k.