Wealthwood Rod and Gun Club
Analysis
Wealthwood Rod and Gun Club is a registered charity in United States, based in Garrison, MN. It received its IRS tax-exemption ruling in August 2013, 13 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 December 2023, Wealthwood Rod and Gun Club reported income of $117k and spending of $87k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $117k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 70% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wealthwood Rod and Gun Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Partnership for the Pathway ($117k), Hollister Heat Youth Softball ($117k) and Kansas Rugby Foundation Inc ($117k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 54% of the total. At year end it held assets of $135k against liabilities of $26k, net assets of $109k.
Income and spending
Where the income comes from
- Contributions & grants 27%
- Program services 54%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Partnership for the Pathway | Texarkana | $117k |
| Hollister Heat Youth Softball | Hollister | $117k |
| Kansas Rugby Foundation Inc | Lenexa | $117k |
| Stonebridge Volleyball Club Inc | Chesapeake | $117k |