Topanga Community Club

Analysis

Topanga Community Club is a registered charity in United States, based in Topanga, CA. It received its IRS tax-exemption ruling in December 1950, 76 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, Topanga Community Club reported income of $548k and spending of $500k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $507k to $548k (+8.0%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Topanga Community Club sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Leadership Toledo ($548k), Edmund Niles Huyck Preserve Inc ($548k) and Davis County Agricultural Society ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 73% of the total. Other salaries and wages came to $15k. At year end it held assets of $907k against liabilities of $4,301, net assets of $903k. It reported 2 employees.