Stewartville-Racine Diamond Club

Analysis

Stewartville-Racine Diamond Club is a registered charity in United States, based in Stewartville, MN. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stewartville-Racine Diamond Club reported income of $126k and spending of $91k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $167k to $126k (-25%), an average of -9.1% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stewartville-Racine Diamond Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Teays Valley Youth Baseball League ($126k), Garden City Soccer Club ($126k) and Goshen Youth League ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 59% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.