Chairmans Club

Analysis

Chairmans Club is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 2019, 7 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, Chairmans Club reported income of $208k and spending of $190k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $208k (+111%), an average of +111% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chairmans Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Cortland Loaves & Fishes Inc ($208k), Young Womens Christian Association of the University of Illinois ($208k) and Black Media Works Inc ($208k).

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 $26k against liabilities of $2,000, net assets of $24k.