Canyon Club Inc

Analysis

Canyon Club Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in November 1969, 57 years ago. 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 December 2023, Canyon Club Inc reported income of $520k and spending of $428k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $520k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 106%. 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, Canyon Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($520k), Options for Women Mankato ($520k) and Dear Neighbor Ministries Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 43% of the total. Other salaries and wages came to $179k. At year end it held assets of $2.1m against liabilities of $2,437, net assets of $2.1m. It reported 6 employees.