Century Club of San Diego

Analysis

Century Club of San Diego is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Century Club of San Diego reported income of $15.2m and spending of $13.1m, spending 86% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $16.7m to $15.2m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to April 2022, when income rose by 108%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Century Club of San Diego sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Dr Phillips Inc ($15.2m), Aston Park Health Care Center Inc ($15.3m) and Amg Charitable Gift Foundation ($15.0m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $338k (2.6% of expenses). Other salaries and wages came to $966k. At year end it held assets of $4.4m against liabilities of $668k, net assets of $3.7m. It reported 17 employees.