Samoan Club of the Monterey Peninsula LLC

Analysis

Samoan Club of the Monterey Peninsula LLC is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Samoan Club of the Monterey Peninsula LLC reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $1.5m (+453%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 286%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Samoan Club of the Monterey Peninsula LLC sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Congress for the New Urbanism ($1.5m), Red River Revel Arts Festival ($1.5m) and Gildas Club-Metro Detroit ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.