Thief River Falls Backcourt Club

Analysis

Thief River Falls Backcourt Club is a registered charity in United States, based in Thief RVR FLS, MN. It received its IRS tax-exemption ruling in October 2004, 22 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, Thief River Falls Backcourt Club reported income of $57k and spending of $41k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $57k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thief River Falls Backcourt Club sits at the 24th percentile: it is larger than about 24% 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 Albert Lea Figure Skating Club ($57k), Virginia Youth Sports Association ($57k) and Dixon Dolphins Swim Team ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.