Mineola Athletic Association Inc

Analysis

Mineola Athletic Association Inc is a registered charity in United States, based in Mineola, NY. It received its IRS tax-exemption ruling in May 1970, 56 years ago. 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, Mineola Athletic Association Inc reported income of $545k and spending of $577k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $545k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mineola Athletic Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($545k), Flat Rock Childrens Home of the United Methodist Church ($545k) and Volunteers of America Inc ($545k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $402k against liabilities of $20k, net assets of $382k.