One Hundred Club of Memphis

Analysis

One Hundred Club of Memphis is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 1959, 67 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 December 2023, One Hundred Club of Memphis reported income of $62k and spending of $55k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $62k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, One Hundred Club of Memphis sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Little League Baseball Inc ($62k), East Bay Korean-American Senior Services Center ($62k) and Alaska PTA ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $357k against liabilities of $0, net assets of $357k.