The Diamond Club of Hudson Inc

Analysis

The Diamond Club of Hudson Inc is a registered charity in United States, based in Hudson, OH. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, The Diamond Club of Hudson Inc reported income of $93k and spending of $69k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $253k to $93k (-63%), an average of -40% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Diamond Club of Hudson Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Pga Boosters Corp ($93k), Middlebourne Parks & Recreation ($93k) and Northern Calvert Fastpitch ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.