Daves Avenue Home and School Club

Analysis

Daves Avenue Home and School Club is a registered charity in United States, based in Monte Sereno, CA. It received its IRS tax-exemption ruling in April 1985, 41 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 July 2024, Daves Avenue Home and School Club reported income of $321k and spending of $221k, leaving 31% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $240k to $321k (+34%), an average of +7.5% a year. The sharpest change came in the year to July 2022, when income rose by 283%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daves Avenue Home and School Club sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Seda Cog Local Development Corp ($321k), Youth for Christ USA Inc ($321k) and Darwin R Barker Library ($321k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 52% and program service revenue 27% of the total. At year end it held assets of $688k against liabilities of $0, net assets of $688k.