Lucky Sixty Plus Club

Analysis

Lucky Sixty Plus Club is a registered charity in United States, based in Erin, TN. It received its IRS tax-exemption ruling in August 1977, 49 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 June 2024, Lucky Sixty Plus Club reported income of $86k and spending of $81k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $63k to $86k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lucky Sixty Plus Club sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Nassau Academy of Dentistry ($86k), Apostolic Resource Center Inc ($86k) and South Gate Junior Athletic Association ($86k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $137k against liabilities of $0, net assets of $137k. It reported 2 employees.