Burnsville Athletic Club

Analysis

Burnsville Athletic Club is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in January 1975, 51 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, Burnsville Athletic Club reported income of $293k and spending of $177k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $685k to $293k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burnsville Athletic Club sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Silver Lining Arts Foundation Inc ($293k), Kiryas Joel Housing Co Inc-Fmha ($293k) and Trojan Club ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 91% of the total. Other salaries and wages came to $47k. At year end it held assets of $714k against liabilities of $0, net assets of $714k. It reported 4 employees.