New Berlin Magic Inc

Analysis

New Berlin Magic Inc is a registered charity in United States, based in New Berlin, WI. It received its IRS tax-exemption ruling in April 2024, 2 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 August 2024, New Berlin Magic Inc reported income of $183k and spending of $181k, spending 99% of its income. Across the 4 years on record, from August 2021 to August 2024, income grew from $162k to $183k (+13%), an average of +4.3% a year. The sharpest change came in the year to August 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Berlin Magic Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Beverly Hills National Little Lea Gue Humiston & Compant Cpas ($183k), Columbia Parks and Recreation Foundation ($183k) and Fernandina Beach Babe Ruth League Inc ($183k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 11% and program service revenue 39% of the total. At year end it held assets of $66k against liabilities of $33k, net assets of $33k.