Mt Juliet League Inc

Analysis

Mt Juliet League Inc is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in April 2019, 7 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, Mt Juliet League Inc reported income of $818k and spending of $763k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $517k to $818k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mt Juliet League Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Sachem Swim Club of Long Island ($818k), Amateur Athletic Union of the United States Inc ($818k) and Youth Golf of Northwest Arkansas ($818k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $40k (5.2% of expenses). Other salaries and wages came to $40k. At year end it held assets of $937k against liabilities of $400k, net assets of $536k. It reported 2 employees.