Wilfandel Club

Analysis

Wilfandel Club is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1999, 27 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, Wilfandel Club reported income of $283k and spending of $237k, spending 84% of its income. Across the 4 years on record, from December 2020 to June 2024, income grew from $122k to $283k (+132%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 119%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wilfandel Club sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include College Park Main Street Inc ($283k), Thirteenth Street Neighborhood Advisory Committee ($283k) and Haverford Partnership for Economic Development ($282k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $13k. At year end it held assets of $278k against liabilities of $0, net assets of $278k. It reported 1 employees.