Exchange Club of Sugar Land- Charitable Fund

Analysis

Exchange Club of Sugar Land- Charitable Fund is a registered charity in United States, based in Stafford, TX. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Exchange Club of Sugar Land- Charitable Fund reported income of $130k and spending of $117k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $184k to $130k (-29%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Exchange Club of Sugar Land- Charitable Fund 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 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Hilltop Campus Village Inc ($130k), Athena of the Triangle ($130k) and Oakland Renaissance NMTC ($130k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.