Wednesday Club

Analysis

Wednesday Club is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 1938, 88 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Wednesday Club reported income of $101k and spending of $153k, spending 151% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $101k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 120% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wednesday Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Emmons County Interagency Forum Corporation a Non Profit Corp ($101k), Daviess County Partnership Inc ($101k) and Overland Park Chamber Foundation ($101k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 67% of the total. Other salaries and wages came to $16k. At year end it held assets of $450k against liabilities of $0, net assets of $450k. It reported 1 employees.

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.