Ely Blue Line

Analysis

Ely Blue Line is a registered charity in United States, based in Ely, MN. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ely Blue Line reported income of $102k and spending of $122k, spending 119% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $79k to $102k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ely Blue Line sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($102k), Christ the King Athletic Academy Inc ($103k) and Wisconsin Interscholastic Horsemanship Association ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.6% and program service revenue 48% of the total. At year end it held assets of $279k against liabilities of $14k, net assets of $265k.