Reese Parents Club

Analysis

Reese Parents Club is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in August 1993, 33 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 2023, Reese Parents Club reported income of $79k and spending of $55k, leaving 31% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $58k to $79k (+36%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 466%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reese Parents Club sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Joplin Rural Volunteer Fire Dept Inc ($79k), Malvern Center ($79k) and LA Foundation Louisiane ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.