Chapin Eagle Club

Analysis

Chapin Eagle Club is a registered charity in United States, based in Chapin, SC. It received its IRS tax-exemption ruling in September 1988, 38 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 2023, Chapin Eagle Club reported income of $327k and spending of $357k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $543k to $327k (-40%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 144%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chapin Eagle Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include Surface Design Association ($327k), PTA Florida Congress ($327k) and Byron Dorgan Youth Wellness Center ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.