Sherburne County Snowmobile Trail Association

Analysis

Sherburne County Snowmobile Trail Association is a registered charity in United States, based in Elk River, MN. It received its IRS tax-exemption ruling in November 2007, 19 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 December 2023, Sherburne County Snowmobile Trail Association reported income of $87k and spending of $88k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $87k (+111%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 323%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sherburne County Snowmobile Trail Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Last Chance Tennis Association ($87k), Shawnee Soccer Association ($87k) and Waconia Wrestling Club ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $468k against liabilities of $0, net assets of $468k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.