Indianola Beach Improvement Club

Analysis

Indianola Beach Improvement Club is a registered charity in United States, based in Indianola, WA. It received its IRS tax-exemption ruling in September 1976, 50 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 December 2023, Indianola Beach Improvement Club reported income of $111k and spending of $99k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $111k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indianola Beach Improvement Club sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Down Syndrome Awareness Group of East Tennessee ($111k), Volunteers of America Inc ($111k) and Campus Towers Senior Living Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 40% of the total. At year end it held assets of $709k against liabilities of $2,597, net assets of $706k.