Shakopee Mat Club 564

Analysis

Shakopee Mat Club 564 is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in September 2014, 12 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, Shakopee Mat Club 564 reported income of $60k and spending of $81k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $60k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shakopee Mat Club 564 sits at the 27th percentile: it is larger than about 27% 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 Chobee Volleyball Academy Inc ($60k), Potomac Pedalers Touring Club Inc ($60k) and Raymond Community & Business Organization ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 64% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.