Oakland 100 Club

Analysis

Oakland 100 Club is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 1953, 73 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 March 2024, Oakland 100 Club reported income of $83k and spending of $84k, spending 101% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $76k to $83k (+9.0%), an average of +4.4% a year. The sharpest change came in the year to March 2023, when income rose by 34%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oakland 100 Club sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Scarlet Hope ($83k), Margaret Aylward Center ($83k) and Southern New Jersey Chamber Foundation ($83k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,669 against liabilities of $0, net assets of $4,669.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.