The Gyro Club was organized in Cleveland, Ohio, United States in April 1912. The primary purpose of the club was to promulgate a "comprehensive spirit of friendship" among individuals, states, provinces, and nations. The name of the club was derived from the word gyroscope, a device which the club founders felt symbolized the ability to remain true to a desired course despite outside influences, and which it felt embodied three important attributes representative of the strength and stability of friendship: power, pose, and purpose. The image of the gyroscope was adopted as the visible emblem of the club.

In the two years that followed, the club expanded to other regions in the United States and in subsequent years spread to Canada. The organization was primarily a fraternal club, but some branches permitted the wives of male members to organize ladies' committees or to establish their own unofficial versions of the club, known as Gyrette clubs. Many Gyro clubs were involved in philanthropic and community activities, with members offering their time, effort, and financial support to charitable enterprises, such as the Red Cross, the Boy and Girl Scouts, community funds, health clinics, and social agencies.

The Charlottetown branch of the Gyro Club was chartered on 24 May 1928. The Executive Council for the club consisted of the President, 1st Vice-President, 2nd Vice-President, Secretary, Treasurer, and three elective directors, with meetings held on a weekly basis. Membership of the club was limited to 45 members. The chief objectives of the Charlottetown branch consisted of: the promotion of friendship with the club and among other Gyro clubs, the preservation and extension of the ideals of the organization, and the promotion of interest in public affairs, citizenship, good government, and civic and community affairs. The Charlottetown Club also published an official bulletin of its activities entitled "Gyrolore" detailing recent news and upcoming events.