Adobe Bridge Club

Analysis

Adobe Bridge Club is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 2017, 9 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 December 2023, Adobe Bridge Club reported income of $145k and spending of $111k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $145k (-24%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adobe Bridge Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Oahu Water Polo Club ($144k), Charlotte Area Ultimate Association ($145k) and Lunenburg County Youth Baseball League Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $6,473 (5.8% of expenses). Other salaries and wages came to $30k. At year end it held assets of $491k against liabilities of $80k, net assets of $411k. It reported 6 employees.