Lknphoenix Club Inc

Analysis

Lknphoenix Club Inc is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in April 2021, 5 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, Lknphoenix Club Inc reported income of $98k and spending of $98k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $98k (+1.6%), an average of +1.6% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lknphoenix Club Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Virginia Venom Travel Organization ($98k), Mill City Park at Franklin Falls ($98k) and Kip Nininger Scholarship Fund ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $5 against liabilities of $0, net assets of $5.