Arden Club Inc

Analysis

Arden Club Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in November 2002, 24 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 September 2023, Arden Club Inc reported income of $423k and spending of $410k, spending 97% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $257k to $423k (+65%), an average of +18% a year. The sharpest change came in the year to September 2022, when income rose by 115%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arden Club Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within DE. Charities of a similar size with the same main cause include Junior League of Indianapolis Inc ($423k), United Methodist College Washington Consortium ($423k) and Tech Frederick Inc ($423k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Other salaries and wages came to $58k. At year end it held assets of $1.1m against liabilities of $109k, net assets of $963k. It reported 5 employees.