Club Esteem Inc

Analysis

Club Esteem Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Club Esteem Inc reported income of $649k and spending of $571k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $332k to $649k (+96%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Club Esteem Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include First State Squash Inc ($649k), Solid Rock Youth Ministry Inc ($650k) and Boys & Girls Club of Alton Inc ($649k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). Other salaries and wages came to $299k. At year end it held assets of $489k against liabilities of $1,820, net assets of $487k. It reported 54 employees.