Club For Growth
Club For Growth shows fluctuating financial health with recent deficits and no reported officer compensation.
EIN: 204681603 · Washington, DC · NTEE: W20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $17.1M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $8.8M |
| Transparency Score | 65/100 |
Is Club For Growth Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Club For Growth directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Club For Growth
Club For Growth (EIN: 204681603) is a nonprofit organization based in Washington, DC, classified under NTEE code W20. The organization reported total revenue of $8.2M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Club For Growth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Club For Growth is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $17.1M |
| Surplus / Deficit | $-4,799,108 |
| Total Assets | $9.3M |
| Total Liabilities | $425K |
| Net Assets | $8.8M |
| Operating Margin | -39.0% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, Club For Growth reported a deficit of $4.8M with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Club For Growth's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.0% | +4.5% | -34.1% |
| 2022 | -8.6% | +38.6% | +4.9% |
| 2021 | +14.8% | -8.2% | +104.1% |
| 2020 | +71.1% | +77.7% | +103.4% |
| 2019 | +40.8% | -0.4% | +241.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Club For Growth with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Club For Growth allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues often exceeding $10 million. This could indicate that executive compensation is either not paid or is reported under different categories, warranting further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Club For Growth's IRS 990 filings:
- Consistent operational deficits in multiple years (e.g., 2023, 2018, 2017, 2016, 2015) where expenses exceeded revenue.
- Unusual reporting of 0% officer compensation across all filings, which may obscure actual executive remuneration.
- Significant year-over-year fluctuations in revenue and expenses, indicating potential instability in financial planning or funding.
Strengths
The following positive indicators were identified for Club For Growth:
- Significant asset growth over time, from $944,955 in 2018 to $13,616,124 currently, demonstrating effective asset accumulation.
- Ability to generate substantial revenue, with peak revenues exceeding $18 million in 2021 and $17 million in 2022.
- Relatively low liabilities compared to assets, indicating a healthy balance sheet in terms of debt.
Frequently Asked Questions about Club For Growth
Is Club For Growth a legitimate charity?
Club For Growth (EIN: 204681603) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Club For Growth spend its money?
Club For Growth directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Club For Growth tax-deductible?
Club For Growth is registered as a tax-exempt nonprofit (EIN: 204681603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Club For Growth CEO make?
Club For Growth's highest-compensated officer earns $10 annually. The organization reported $8.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Club For Growth's spending goes to programs?
Club For Growth directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Club For Growth compare to similar nonprofits?
With a transparency score of 65/100 (Good), Club For Growth is above average for NTEE category W20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Club For Growth located?
Club For Growth is headquartered in Washington, Washington DC and files with the IRS under EIN 204681603. It is classified under NTEE code W20.
How many years of IRS 990 filings does Club For Growth have?
Club For Growth has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.2M in total revenue.
Is Club For Growth a good charity?
Club For Growth's financial health is mixed, with significant revenue generation but also periods of operational deficits. Its consistent 0% officer compensation reporting is unusual and requires further scrutiny to fully assess its financial practices and overall 'goodness' as a charity.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. This could mean that executives are not compensated, or their compensation is reported under different expense categories, or through related organizations, which would impact the transparency of executive pay.
What caused the significant expense increase in 2023?
In 2023, expenses surged to $17,108,871, significantly exceeding the revenue of $12,309,763. This substantial increase, leading to a deficit, warrants a deeper dive into the specific expenditure categories to understand the underlying causes, such as increased program activities, administrative costs, or fundraising efforts.
How does the organization manage its liabilities?
Liabilities have fluctuated, from $0 in 2014-2016 to $617,845 in 2019, and currently stand at $424,843. While not excessively high relative to assets, understanding the nature of these liabilities and the organization's strategy for managing them is important for long-term financial stability.
What is the long-term trend for revenue vs. expenses?
Over the past decade, Club For Growth has experienced periods where revenue significantly outpaced expenses (e.g., 2021: $18.7M revenue vs. $11.8M expenses) and periods where expenses exceeded revenue (e.g., 2023: $12.3M revenue vs. $17.1M expenses). This indicates a volatile financial trend, suggesting that while the organization can generate substantial income, its expenditure management can be inconsistent.
Filing History
IRS 990 filing history for Club For Growth showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Club For Growth's revenue has grown by 144.3%, moving from $5.0M to $12.3M. Total assets increased by 221.6% over the same period, from $2.9M to $9.3M. Total functional expenses rose by 281.1%, from $4.5M to $17.1M. In its most recent filing year (2023), Club For Growth reported a deficit of $4.8M, with expenses exceeding revenue. The organization holds $425K in liabilities against $9.3M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $17.1M | $9.3M | $425K | — | — |
| 2022 | $17.1M | $16.4M | $14.1M | $425K | — | View 990 |
| 2021 | $18.7M | $11.8M | $13.4M | $484K | — | View 990 |
| 2020 | $16.3M | $12.9M | $6.6M | $534K | — | — |
| 2019 | $9.5M | $7.2M | $3.2M | $618K | — | View 990 |
| 2018 | $6.8M | $7.3M | $945K | $612K | — | View 990 |
| 2017 | $8.4M | $9.8M | $1.4M | $589K | — | View 990 |
| 2016 | $8.5M | $8.9M | $2.2M | $0 | — | View 990 |
| 2015 | $5.4M | $7.1M | $2.6M | $0 | — | View 990 |
| 2014 | $7.0M | $4.7M | $4.3M | $0 | — | View 990 |
| 2013 | $3.9M | $4.6M | $2.0M | $0 | — | View 990 |
| 2012 | $5.1M | $5.2M | $2.8M | $28K | — | View 990 |
| 2011 | $5.0M | $4.5M | $2.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $17.1M, and assets of $9.3M (revenue -28.0% year-over-year).
- 2022: Revenue of $17.1M, expenses of $16.4M, and assets of $14.1M (revenue -8.6% year-over-year).
- 2021: Revenue of $18.7M, expenses of $11.8M, and assets of $13.4M (revenue +14.8% year-over-year).
- 2020: Revenue of $16.3M, expenses of $12.9M, and assets of $6.6M (revenue +71.1% year-over-year).
- 2019: Revenue of $9.5M, expenses of $7.2M, and assets of $3.2M (revenue +40.8% year-over-year).
- 2018: Revenue of $6.8M, expenses of $7.3M, and assets of $945K (revenue -19.6% year-over-year).
- 2017: Revenue of $8.4M, expenses of $9.8M, and assets of $1.4M (revenue -1.2% year-over-year).
- 2016: Revenue of $8.5M, expenses of $8.9M, and assets of $2.2M (revenue +59.0% year-over-year).
- 2015: Revenue of $5.4M, expenses of $7.1M, and assets of $2.6M (revenue -24.0% year-over-year).
- 2014: Revenue of $7.0M, expenses of $4.7M, and assets of $4.3M (revenue +81.1% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.6M, and assets of $2.0M (revenue -23.3% year-over-year).
- 2012: Revenue of $5.1M, expenses of $5.2M, and assets of $2.8M (revenue +0.7% year-over-year).
- 2011: Revenue of $5.0M, expenses of $4.5M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Club For Growth:
Data Sources and Methodology
This transparency report for Club For Growth is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.