Del Ray Club Inc

Analysis

Del Ray Club Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in December 1991, 35 years ago. 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 June 2024, Del Ray Club Inc reported income of $143k and spending of $109k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $110k to $143k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Del Ray Club Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MD. Charities of a similar size with the same main cause include Lexington Park Rotary Foundation Inc ($143k), Maypearl Panther Booster Club ($143k) and Maryland State Family Child Care Association Incorporated ($143k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 52% of the total. At year end it held assets of $371k against liabilities of $0, net assets of $371k.