John Beargrease Sled Dog Marathon Inc

Analysis

John Beargrease Sled Dog Marathon Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 March 2024, John Beargrease Sled Dog Marathon Inc reported income of $55k and spending of $44k, leaving 21% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income fell from $113k to $55k (-51%), an average of -51% a year. The sharpest change came in the year to March 2024, when income dropped by 51%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John Beargrease Sled Dog Marathon Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Oneida County Fair Committee Inc ($55k), PTA California Congress of Parents Teachers & Students Inc ($55k) and Edward Walsh Memorial Foundation Inc ($55k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 80% and program service revenue 13% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.