Tuesday Musical Club of San Antonio Tex

Analysis

Tuesday Musical Club of San Antonio Tex is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 1941, 85 years ago. 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, Tuesday Musical Club of San Antonio Tex reported income of $229k and spending of $232k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $204k to $229k (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tuesday Musical Club of San Antonio Tex sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Elkland Search & Rescue Association Inc ($229k), Greater Randolph Senior Citizen Center Inc ($229k) and Ashland Historical Society Inc ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 8.3% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.