Minocqua Forest Riders Snowmobile Club Inc
Analysis
Minocqua Forest Riders Snowmobile Club Inc is a registered charity in United States, based in Minocqua, WI. It received its IRS tax-exemption ruling in May 1997, 29 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 April 2024, Minocqua Forest Riders Snowmobile Club Inc reported income of $237k and spending of $98k, leaving 59% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $225k to $237k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to April 2022, when income dropped by 21%. 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, Minocqua Forest Riders Snowmobile Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Northern Nevada Aquatics Corp ($237k), Comet Athletic Boosters ($237k) and Bedford United Athletic Club ($237k).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 31% and program service revenue 49% of the total. Other salaries and wages came to $547. At year end it held assets of $313k against liabilities of $84, net assets of $313k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 49%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northern Nevada Aquatics Corp | Reno | $237k |
| Comet Athletic Boosters | Amherst | $237k |
| Bedford United Athletic Club | Bedford | $237k |
| Union Grove Broncos Shooting Club Inc | Union Grove | $237k |