Farragut Dugout Club Inc

Analysis

Farragut Dugout Club Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1993, 33 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 July 2024, Farragut Dugout Club Inc reported income of $218k and spending of $221k, spending 101% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $45k to $218k (+386%), an average of +386% a year. The sharpest change came in the year to July 2024, when income rose by 386%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Farragut Dugout Club Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Central Mesabi Medical Foundation ($218k), Kesher Inc ($218k) and Crockett Mission ($218k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 72% and program service revenue 0.9% of the total. At year end it held assets of $7,141 against liabilities of -$17k, net assets of $24k.