Charleston Bridge Club Inc

Analysis

Charleston Bridge Club Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Charleston Bridge Club Inc reported income of $138k and spending of $112k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $177k to $138k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charleston Bridge Club Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Knickerbacker & Knickerbacker ($138k), CHS Varsity Competition Cheerleading Club ($138k) and Northern Nevada Junior Golf Association ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Other salaries and wages came to $65k. At year end it held assets of $446k against liabilities of $0, net assets of $446k.