Millburn Diamond Club Inc

Analysis

Millburn Diamond Club Inc is a registered charity in United States, based in Millburn, NJ. It received its IRS tax-exemption ruling in April 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 December 2023, Millburn Diamond Club Inc reported income of $58k and spending of $77k, spending 133% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $122k to $58k (-53%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Millburn Diamond Club Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Palm Spring Gay Softball League ($58k), Brick Road Inc ($58k) and West Perry Midget Football Association ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 89% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.