Biloxi Diamond Club Inc

Analysis

Biloxi Diamond Club Inc is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in July 2013, 13 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 October 2023, Biloxi Diamond Club Inc reported income of $95k and spending of $96k, spending 101% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $71k to $95k (+34%), an average of +34% a year. The sharpest change came in the year to October 2023, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Biloxi Diamond Club Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within MS. Charities of a similar size with the same main cause include Nick Sheahan Scholarship Fund ($95k), Menomonee Falls Booster Club Inc ($95k) and Pikes Peak Best ($95k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 5.8% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.