Le Bonheur Club Inc

Analysis

Le Bonheur Club Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 1945, 81 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 September 2023, Le Bonheur Club Inc reported income of $566k and spending of $598k, spending 106% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $296k to $566k (+91%), an average of +24% a year. The sharpest change came in the year to September 2022, when income rose by 98%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Le Bonheur Club Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Western Michigan Sheet Metal J a C T Fund ($566k), Ahepa 29 Inc ($566k) and Mt Hermon Good Samaritan Foundation ($566k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.6% and program service revenue 67% of the total. Other salaries and wages came to $16k. At year end it held assets of $982k against liabilities of $335, net assets of $981k. It reported 1 employees.