Peoria Diamond Club

Analysis

Peoria Diamond Club is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in July 1995, 31 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 June 2024, Peoria Diamond Club reported income of $404k and spending of $388k, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $314k to $404k (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Peoria Diamond Club sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Centerville United Galaxies Soccer Club Inc ($404k), Jet Volleyball Club ($404k) and Three Rivers Gymnastics ($404k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $88k (23% of expenses). Other salaries and wages came to $15k. At year end it held assets of $943k against liabilities of $514k, net assets of $429k. It reported 5 employees.