University Club Foundation Inc

Analysis

University Club Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, University Club Foundation Inc reported income of $345k and spending of $566k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $345k (-79%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 77%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University Club Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 37th percentile within DC. Charities of a similar size with the same main cause include Engaging Young Minds Academy Inc ($345k), Rome Institute of Liberal Arts Inc ($345k) and Texas for Excellence in Education Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $8.4m against liabilities of $21k, net assets of $8.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.