Penn State Rugby Association
Analysis
Penn State Rugby Association is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2023, Penn State Rugby Association reported income of $256k and spending of $100k, leaving 61% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $298k to $256k (-14%), an average of -7.4% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 29% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Penn State Rugby Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Top Shelf Elite Combat Series ($255k), Northeast United Soccer Club ($256k) and MHS Athletics Booster Club ($255k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $682k against liabilities of $0, net assets of $682k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Top Shelf Elite Combat Series | Tomball | $255k |
| Northeast United Soccer Club | Maplewood | $256k |
| MHS Athletics Booster Club | Jacksonville | $255k |
| Electric City Runners Corporation | Scranton | $256k |