Trail Riders Snowmobile Club of Lake County
Analysis
Trail Riders Snowmobile Club of Lake County is a registered charity in United States, based in Baldwin, MI. It received its IRS tax-exemption ruling in February 2012, 14 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 (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, Trail Riders Snowmobile Club of Lake County reported income of $425k and spending of $405k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $410k to $425k (+3.8%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 592%. Over the whole period it spent 97% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Trail Riders Snowmobile Club of Lake County sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Union County Fair Association of Afton Union County Iowa ($425k), Police Fitness ($425k) and LA Salle County Fair Association Inc ($425k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $211k against liabilities of $451, net assets of $211k.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Union County Fair Association of Afton Union County Iowa | Creston | $425k |
| Police Fitness | Galax | $425k |
| LA Salle County Fair Association Inc | Cotulla | $425k |
| Diamond1 Inc | Swedesboro | $425k |