Spouses Club of Lewis McChord

Analysis

Spouses Club of Lewis McChord is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in July 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Spouses Club of Lewis McChord reported income of $120k and spending of $93k, leaving 22% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $102k to $120k (+18%), an average of +18% a year. The sharpest change came in the year to May 2024, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Spouses Club of Lewis McChord sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 37th percentile within WA. Charities of a similar size with the same main cause include City Repair Project ($120k), Claymont Renaissance Development Corporation Inc ($120k) and Murray Hill Neighborhood Association Inc ($119k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 104% and program service revenue 2.3% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.