Elephant Club

Analysis

Elephant Club is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Elephant Club reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.5m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elephant Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Ocj Kids ($1.5m), Merrick House ($1.5m) and Rebuilding Together Miami-Dade Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $109k. At year end it held assets of $575k against liabilities of $145k, net assets of $430k.