Vicenza Community Club

Analysis

Vicenza Community Club is a registered charity in United States, based in Apo, AE. It received its IRS tax-exemption ruling in September 2020, 6 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 May 2023, Vicenza Community Club reported income of $72k and spending of $71k, spending 99% of its income. Across the 6 years on record, from May 2016 to May 2023, income fell from $185k to $72k (-61%), an average of -17% a year. The sharpest change came in the year to May 2020, when income dropped by 66%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vicenza Community Club sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 50th percentile within AE. Charities of a similar size with the same main cause include 1edtech Foundation ($72k), District 272 Educational Foundation ($72k) and Swainsboro Emanuel County Festival Foundation ($72k).

On its Form 990-EZ for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.