Two Harbors Curling Club Inc

Analysis

Two Harbors Curling Club Inc is a registered charity in United States, based in Two Harbors, MN. It received its IRS tax-exemption ruling in March 2015, 11 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 May 2023, Two Harbors Curling Club Inc reported income of $107k and spending of $115k, spending 107% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income grew from $89k to $107k (+21%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Two Harbors Curling Club Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Lacrosse the Nations ($107k), Norcal Lawmen Football Organization ($107k) and Indian Lake Development Corporation ($107k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 8.8% and program service revenue 24% of the total. At year end it held assets of $416k against liabilities of $16k, net assets of $401k.