Steak Club Foundation

Analysis

Steak Club Foundation is a registered charity in United States, based in Shaker HTS, OH. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Steak Club Foundation reported income of $109k and spending of $110k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $109k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Steak Club Foundation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Fairfield Rotary Club Foundation Inc ($109k), PTA California Congress of Parents Teachers and Students Inc ($109k) and Glendale Rotary Club Foundation ($109k).

At year end it held assets of $9,283 against liabilities of $0, net assets of $9,283.