Montgomery Area Community Club Inc

Analysis

Montgomery Area Community Club Inc is a registered charity in United States, based in Montgomery, MN. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Montgomery Area Community Club Inc reported income of $291k and spending of $285k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $228k to $291k (+28%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Montgomery Area Community Club Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Texas Municipal Police Association Charities Inc ($291k), PX Project Inc ($291k) and Quay County Health Council ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.