Venice Touchdown Club Inc

Analysis

Venice Touchdown Club Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Venice Touchdown Club Inc reported income of $397k and spending of $388k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $167k to $397k (+138%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Venice Touchdown Club Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Chesterton Academy of St James ($397k), Associated Builders & CNTRCTRS Inc Cumberland Valley CHPTR MNPWR Edct ($397k) and Philadelphia Glider Council Inc ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.