Public & Societal Benefit
(W12)
990 on File
MYRTLE BEACH CORVETTE CLUB
Financial strength (30%)
86/100
Reliability (20%)
45/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$44K
Total Revenue
$41K
Total Expenses
$18K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.7%
Fundraising Efficiency
43.6%
Operating Reserve
5.22x
Liability-to-Asset
0.0%
Revenue Diversification
6.8%
Compared with Peers
FY 2025
Compared with 1,223 similar organizations
(United States, Public & Societal Benefit, under $100K in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
79.7% | 78.8% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
43.6% | 46.1% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.2 mo | 14.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
6.8% | 99.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
17.6% | -0.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.1% | -0.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.0% | 12.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $44K | $41K | $18K | 79.7% | — |
| 2024 | $38K | $38K | $15K | 72.4% | — |
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