Jefferson Quarterback Club

Analysis

Jefferson Quarterback Club is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jefferson Quarterback Club reported income of $68k and spending of $72k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $68k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jefferson Quarterback Club sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Tri-City BMX Inc ($68k), New Mexico Youth Tennis Foundation ($68k) and Warminster Pioneers ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.