Wednesday Club Inc

Analysis

Wednesday Club Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. 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 March 2024, Wednesday Club Inc reported income of $84k and spending of $53k, leaving 37% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $43k to $84k (+94%), an average of +94% a year. The sharpest change came in the year to March 2024, when income rose by 94%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wednesday Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Reach One Teach One Uca ($84k), California Federation of Womens Clubs ($84k) and PTA Colorado Congress ($84k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 41% and program service revenue 3.7% of the total. At year end it held assets of $242k against liabilities of $0, net assets of $242k.