Medalist Club

Analysis

Medalist Club is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Medalist Club reported income of $106k and spending of $59k, leaving 44% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $143k to $106k (-26%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Medalist Club sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AL. Charities of a similar size with the same main cause include Association Des Petits Ecoliers de Miami ($106k), Sound of Silver Band Boosters Inc ($106k) and Horizonte Scholarship Fund Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 47% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.