Farmington Valley Mudhogs Inc

Analysis

Farmington Valley Mudhogs Inc is a registered charity in United States, based in Farmington, CT. It received its IRS tax-exemption ruling in November 2011, 15 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 March 2023, Farmington Valley Mudhogs Inc reported income of $127k and spending of $109k, spending 86% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $102k to $127k (+24%), an average of +24% a year. The sharpest change came in the year to March 2023, when income rose by 24%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Farmington Valley Mudhogs Inc 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 41st percentile within CT. Charities of a similar size with the same main cause include United States Carrom Association ($127k), Franklin Township Baseball League ($127k) and Sandusky Bay Youth Baseball ($127k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 9.1% and program service revenue 83% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.