North Morristown Community Club Inc

Analysis

North Morristown Community Club Inc is a registered charity in United States, based in Morristown, MN. It received its IRS tax-exemption ruling in May 1973, 53 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, North Morristown Community Club Inc reported income of $61k and spending of $71k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $61k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Morristown Community Club Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include Public Library Fund Inc ($61k), St Lawrence the Matyr Conference ($61k) and Little League Baseball Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.