The Granite City Lumberjacks Inc

Analysis

The Granite City Lumberjacks Inc is a registered charity in United States, based in Sauk Rapids, MN. It received its IRS tax-exemption ruling in August 2007, 19 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, The Granite City Lumberjacks Inc reported income of $618k and spending of $673k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $618k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 203%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Granite City Lumberjacks Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Fredericksburg Agricultural Fair Inc ($618k), C V S P I N Inc ($618k) and KHS Athletic Booster Club Inc ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 25% of the total. Other salaries and wages came to $165k. At year end it held assets of $296k against liabilities of $18k, net assets of $277k. It reported 7 employees.