Century Club Charities Inc

Analysis

Century Club Charities Inc is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Century Club Charities Inc reported income of $12.6m and spending of $12.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.8m to $12.6m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Century Club Charities Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include Gator Bowl Association Inc ($12.6m), Wisconsin Interscholastic Athletic Association ($12.7m) and The Florida State Golf Association Inc ($12.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $485k. At year end it held assets of $7.0m against liabilities of $3.0m, net assets of $4.0m. It reported 8 employees.