Clemson University Flying Club Inc

Analysis

Clemson University Flying Club Inc is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Clemson University Flying Club Inc reported income of $107k and spending of $89k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $183k to $107k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clemson University Flying Club Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Blue Valley North Booster Club Inc ($107k), Wolverine Athletic Booster Club Inc ($107k) and Newtown Historic Association ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 92% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.