Channel City Club

Analysis

Channel City Club is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in February 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Channel City Club reported income of $60k and spending of $55k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $60k (-19%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Channel City Club sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Buck Hill Community Services Committee ($60k), Limestone Project Employees Fund Inc ($60k) and Ligonier Youth Baseball & Softball Association ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $48k against liabilities of $225, net assets of $48k.