Island Trees Diamond Club Inc

Analysis

Island Trees Diamond Club Inc is a registered charity in United States, based in Levittown, NY. It received its IRS tax-exemption ruling in May 2022, 4 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, Island Trees Diamond Club Inc reported income of $54k and spending of $44k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $54k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 62% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Island Trees Diamond Club Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Av Maniacs Inc ($54k), Seymour Soccer Association Inc ($54k) and GHS Boys Hockey ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.