Baudette Area Arena Inc

Analysis

Baudette Area Arena Inc is a registered charity in United States, based in Baudette, MN. It received its IRS tax-exemption ruling in November 1977, 49 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 May 2023, Baudette Area Arena Inc reported income of $273k and spending of $386k, spending 141% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $256k to $273k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to May 2022, when income rose by 35%. Over the whole period it spent 124% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Baudette Area Arena Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Gu Shamrock Booster Club Inc ($273k), Timoteo Philadelphia Inc ($273k) and Little League Baseball Inc ($273k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 77% and program service revenue 38% of the total. Other salaries and wages came to $55k. At year end it held assets of $1.1m against liabilities of $438, net assets of $1.1m. It reported 10 employees.