Mystic Athletic Club
Analysis
Mystic Athletic Club is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Mystic Athletic Club reported income of $128k and spending of $105k, spending 82% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $120k to $128k (+7.0%), an average of +7.0% a year. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Mystic Athletic Club sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 34th percentile within ND. Charities of a similar size with the same main cause include Family Counseling Center Housing Alternatives Inc ($128k), Encourage Tomorrow ($128k) and PS 41q Parent Teacher Association Corp ($128k).
On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 18% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 18%
- Other 29%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Counseling Center Housing Alternatives Inc | Vienna | $128k |
| Encourage Tomorrow | Fresno | $128k |
| PS 41q Parent Teacher Association Corp | Bayside | $128k |
| Assist a Grad Scholarship Foundation Inc | Fairfield | $128k |