Wade Thomas Parents Club

Analysis

Wade Thomas Parents Club is a registered charity in United States, based in San Anselmo, CA. It received its IRS tax-exemption ruling in December 1978, 48 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 June 2024, Wade Thomas Parents Club reported income of $93k and spending of $124k, spending 133% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $79k to $93k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wade Thomas Parents Club sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Salisbury Youth Hockey Inc ($93k), Legatus ($93k) and Port Angeles Swim Club ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $125k against liabilities of $1,015, net assets of $124k.