Frankenmuth Athletic Association

Analysis

Frankenmuth Athletic Association is a registered charity in United States, based in Frankenmuth, MI. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2024, Frankenmuth Athletic Association reported income of $96k and spending of $124k, spending 129% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $92k to $96k (+4.2%), an average of +4.2% a year. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frankenmuth Athletic Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Road Runners Club of America ($96k), Woodland Hill Preschool Inc ($96k) and Corpus Christi Chamber Music Society Inc ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.9% and program service revenue 82% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.