Tryon Garden Club Inc

Analysis

Tryon Garden Club Inc is a registered charity in United States, based in Tryon, NC. It received its IRS tax-exemption ruling in September 2007, 19 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 December 2023, Tryon Garden Club Inc reported income of $151k and spending of $142k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $151k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tryon Garden Club Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Scott High Student Activities Boosters ($151k), Senior Citizens of Campbell County Inc ($151k) and Leeds Arts Council Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $61k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 2 employees.