Minnetonka Track & Field and Cross Country Association

Analysis

Minnetonka Track & Field and Cross Country Association is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in August 2005, 21 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, Minnetonka Track & Field and Cross Country Association reported income of $83k and spending of $42k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $83k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minnetonka Track & Field and Cross Country Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Francis Howell Hockey Club ($83k), Crooked Creek Farm ($83k) and Evansville Little League Baseball Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.3% of the total. At year end it held assets of $219k against liabilities of $599, net assets of $218k.