Community Club of Blowing Rock Inc

Analysis

Community Club of Blowing Rock Inc is a registered charity in United States, based in Blowing Rock, NC. It received its IRS tax-exemption ruling in February 1955, 71 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 August 2023, Community Club of Blowing Rock Inc reported income of $96k and spending of $104k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $104k to $96k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to August 2021, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Club of Blowing Rock Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Practicing Attorneys for Law Students Program Inc ($96k), National Cued Speech Association Inc ($96k) and Vernon County Historical Society ($96k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 33% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.