Two Hundred Club of Miami Inc

Analysis

Two Hundred Club of Miami Inc is a registered charity in United States, based in South Miami, FL. It received its IRS tax-exemption ruling in July 1968, 58 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 December 2023, Two Hundred Club of Miami Inc reported income of $287k and spending of $214k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $287k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 197%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Two Hundred Club of Miami Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Wheaton Drama Inc ($287k), A Better Chance in Ridgefield Inc ($287k) and Auburn Childrens House a Montessori School ($287k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.