Brainerd Lakes Curling Association

Analysis

Brainerd Lakes Curling Association is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in September 2006, 20 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 May 2023, Brainerd Lakes Curling Association reported income of $123k and spending of $142k, spending 116% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $100k to $123k (+22%), an average of +6.9% a year. The sharpest change came in the year to May 2022, when income rose by 187%. Over the whole period it spent 126% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brainerd Lakes Curling Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Jessamine County Fair and Horse Show ($123k), Friends of the Merced County Fair Inc ($123k) and Ice Fastpitch ($123k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 55% and program service revenue 32% of the total. At year end it held assets of $884k against liabilities of $0, net assets of $884k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.