Seven Fifty Nine Club Inc

Analysis

Seven Fifty Nine Club Inc is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in October 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Seven Fifty Nine Club Inc reported income of $183k and spending of $174k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $157k to $183k (+16%), an average of +16% a year. The sharpest change came in the year to May 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seven Fifty Nine Club Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within CO. Charities of a similar size with the same main cause include Sri Chinmoy Marathon Team Inc ($183k), Belmont Youth Baseball Inc ($183k) and All Star Booster Club Inc ($183k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 36% and program service revenue 50% of the total. At year end it held assets of $199k against liabilities of $12k, net assets of $187k.