Gladwin County Sports Complex Maintenace Board Inc

Analysis

Gladwin County Sports Complex Maintenace Board Inc is a registered charity in United States, based in Gladwin, MI. It received its IRS tax-exemption ruling in August 2005, 21 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gladwin County Sports Complex Maintenace Board Inc reported income of $113k and spending of $79k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $113k (+161%), an average of +161% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gladwin County Sports Complex Maintenace Board Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Vertical Flight Foundation ($113k), Hart High Quarterback Club ($113k) and General Breed Fund ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 30% of the total. At year end it held assets of $81k against liabilities of $481, net assets of $80k.